Property Overview: 1-170 Dupont Street, Winnipeg
Key Characteristics & Appeal
This property at 1-170 Dupont Street in Norwood East is defined by its significant assessed value within a well-established neighbourhood. Built in 2020, it is a notably modern home in an area where most houses are decades older. With 1,368 sqft of living space, it offers comfortable, contemporary living without being oversized. Its true standout feature is the 6,009 sqft lot, which provides ample outdoor space—a relative luxury for the area and a strong foundation for future enjoyment or expansion.
The appeal lies in acquiring a like-new build that bypasses the immediate need for major renovations, set on a generous parcel of land in a mature community. It suits buyers looking for a move-in-ready home with modern efficiencies, who also value the potential of a large yard for gardening, recreation, or future projects. It’s a compelling option for those who want a newer home but prefer the character and established feel of central neighbourhoods over newer suburbs. A thoughtful perspective is that this property represents a rare hybrid: the low-maintenance benefits of a recent build combined with the lot size typically found on older properties, offering a long-term hedge against the compact lot sizes of many new constructions.
Frequently Asked Questions
1. Why is the assessed value so much higher than neighbouring properties?
The assessed value of $1.19M reflects the property’s recent construction (2020) compared to the much older average homes in Norwood East. It accounts for modern building materials, systems, and finishes, placing it in the top 1% of homes in the area for value.
2. How does the lot size compare to others?
The 6,009 sqft lot is above average for both Dupont Street and the wider Norwood East area, offering more outdoor space than most nearby properties. City-wide, it is closer to the average lot size.
3. Is this a good investment for the area?
While the home is newer and valued significantly higher than area averages, its previous sale in 2017 was between $250k-$300k, indicating the land was redeveloped. Its value proposition is based on the premium for a modern home in a mature neighbourhood, which may appeal to a specific buyer segment.
4. What does the "Elite" ranking for Year Built mean?
An "Elite" ranking (top 2-3%) for the year built simply confirms that a 2020 construction is exceptionally new compared to the vast majority of homes in Norwood East and across Winnipeg, where the average build year is from the mid-1960s.
5. How can I get the exact historical sold prices?
The site provides sold price ranges for non-members. To obtain verified, exact sale figures, you must request a manual lookup via email, as this information is not sourced from the MLS system.