Property Overview: 326 Dumoulin Street, Winnipeg
Key Characteristics & Appeal
This home at 326 Dumoulin Street in North St. Boniface is a practical, character property built in 1930. With 1,158 sqft of living space on a 4,290 sqft lot, its size is comfortably average for the immediate street and neighbourhood. The core appeal lies in its value proposition. The home’s assessed value of $251,000 is notably below average—ranking in the top 83% (meaning it’s less expensive than 83% of comparable homes) on its street, in the area, and citywide. This suggests a potentially lower property tax burden and an accessible entry point into the market.
Its appeal is grounded in practicality rather than luxury. It would suit first-time buyers seeking a home with character in an established neighbourhood without a premium price tag, or value-focused investors looking for a rental property with fundamentals in line with area averages. A thoughtful perspective is that while the home is older, its vintage is typical for the tree-lined streets of St. Boniface, offering charm and a mature setting. The data indicates you are paying primarily for location and land, with the house itself representing a more modest valuation, which could appeal to those with renovation plans or who prioritize financial flexibility.
Frequently Asked Questions
1. What does the "below average" assessed value actually mean?
It means this home’s official city assessment for property tax purposes is consistently lower than most comparable homes. On Dumoulin Street, for example, the average assessment is about $318,000, making this home’s $251,000 assessment a standout for being more affordable.
2. Is the living space too small?
At 1,158 sqft, it is slightly below the average for the street (~1,290 sqft) but is not an outlier. It represents a manageable size for a small family, couple, or individual, typical of many character homes from its era.
3. How does the 2016 sale price relate to today’s value?
The home sold between $150,000-$200,000 in 2016. The current assessed value of $251,000 reflects market changes over eight years. For an exact sale history, you must request the information directly via email, as per the site’s data notes.
4. What are the implications of the home being built in 1930?
Built 96 years ago, it is older than many city homes. This can mean charming architectural details but also suggests potential considerations regarding the age of major systems (like plumbing, electrical, or the roof) that a thorough inspection would address.
5. How does the lot size compare?
The 4,290 sqft lot is reasonably sized and close to the average for North St. Boniface (~5,130 sqft). It offers typical outdoor space for the neighbourhood—adequate for a garden and recreation without being overly large to maintain.