Property Overview: 460 Dumoulin Street, North St. Boniface, Winnipeg
Key Characteristics & Appeal
This home at 460 Dumoulin Street is a compact, post-war bungalow built in 1949, offering a practical entry point into Winnipeg’s established North St. Boniface neighborhood. Its key characteristic is its modest scale: with 784 sqft of living area, it is notably smaller than most comparable homes on its street, in the area, and across the city. This is reflected in its below-average assessed value of $257k, which sits well under local averages. The lot size is fairly typical for the immediate area at 4,280 sqft.
The appeal lies in its affordability and efficiency. It represents a lower financial barrier to homeownership in a mature, central neighborhood, potentially suiting first-time buyers, downsizers, or investors seeking a manageable property. A less obvious perspective is that its 1949 build date makes it a relatively newer home on its street, where the average house was built in 1935. This could suggest updated foundational elements compared to immediate neighbors. The property’s recent sale in late 2021 within the $200k-$250k range indicates it has been part of the active market.
This home would best suit buyers with straightforward needs who prioritize location and budget over space. It’s a pragmatic choice for those comfortable with a smaller footprint or viewing the property as a long-term hold with potential for future updates.
Frequently Asked Questions
1. Why is the assessed value significantly lower than the area average?
The assessed value is primarily driven by the home’s below-average living area (square footage) compared to other houses in North St. Boniface and across Winnipeg. Smaller homes typically command lower valuations.
2. What does the "relatively newer" build year mean for this house?
While built in 1949, the average home on Dumoulin Street dates to 1935. This 14-year difference may indicate construction methods or core systems (like wiring or plumbing) that are more modern than those in many immediate neighboring houses.
3. How reliable is the sold price data shown?
The sold price range from late 2021 is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email.
4. Is the lot size a positive feature?
The lot is around average for the street and neighborhood. It provides standard outdoor space for the area but is not unusually large. Its ranking improves when compared city-wide, suggesting lots in this core neighborhood are generally smaller than newer suburban developments.
5. Who would this property not be well-suited for?
It may not suit buyers requiring multiple bedrooms, dedicated home office space, or extensive living areas. Families needing room to grow or those who entertain large gatherings frequently would likely find the compact layout limiting.