Property Overview: 147 Dupont Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This home presents a practical opportunity in Winnipeg's Norwood East neighborhood. Built in 1945, it offers a modest 1,194 sqft of living space, which is typical for the immediate area. The standout feature is its 5,151 sqft lot, which is larger than most on its street and in the neighborhood, providing valuable outdoor space and potential.
Its primary appeal lies in its value proposition. With an assessed value of $288k, it sits below the averages for its street and the city, suggesting a potentially more accessible entry point into a mature community. This is a home that favors function and land over modern size or finishes. It would suit a first-time buyer, an investor, or a downsizer looking for a manageable footprint without sacrificing yard space. The data indicates it's not the newest or largest home on the block, but it offers solid fundamentals and room to grow for a buyer comfortable with a character home.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is not a market appraisal. However, its position below local averages can indicate a different value starting point compared to neighboring properties. A professional market evaluation is essential.
2. What does the lot size mean for me?
A lot larger than the area average is a significant asset. It provides more privacy, gardening space, play area, and future potential for additions or landscaping projects that smaller lots cannot accommodate.
3. The home is older than many in Winnipeg. What should I consider?
A 1945 build means character and likely a sturdy construction, but it also necessitates a thorough inspection. Budgeting for updates to mechanical systems, insulation, or windows is prudent, though the home appears well-maintained relative to its age in the neighborhood.
4. The last recorded sale was in 2016. Is that a concern?
Not inherently. A long ownership period often indicates a stable, well-cared-for home and a neighborhood where people put down roots. It does mean recent comparable sales on this exact property are not available, making a broader market analysis key.
5. How does this home fit within its immediate community on Dupont Street?
It sits in the middle of the street's range for size and age, but on a larger parcel of land and with a lower assessed value. This suggests it may be one of the more land-value-focused properties on the block, rather than one defined by its interior square footage.