Property Overview: 1055 Ducharme Avenue, Winnipeg
Key Characteristics & Appeal
This home at 1055 Ducharme Avenue in Parc La Salle presents a practical and grounded opportunity. Built in 1967, it’s a home of its era, offering a manageable 1,007 sqft of living space on a notably generous 5,935 sqft lot. The appeal here is in its balance and positioning. While the living space is modest compared to the city-wide average, the lot size is well above average for the Parc La Salle area, suggesting valuable outdoor space and potential.
Its assessed value of $330k sits comfortably around the average for the immediate neighbourhood, indicating a fair market positioning without premium pricing. A less obvious perspective is that this property represents a classic trade-off: you're investing more in land than in the size of the current structure. This makes it a sensible choice for a buyer who values a larger yard for family, gardening, or future outdoor projects, and who is comfortable with a home that may require updates common for its age.
This property would best suit first-time buyers or downsizers looking for an entry into a stable neighbourhood without an oversized footprint. It’s also a fit for a value-conscious buyer who sees potential in the land itself, whether for long-term enjoyment or future improvement.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is 5,935 sqft, which ranks in the top 16% within Parc La Salle. This means it's significantly larger than many lots in the area, offering more private outdoor space.
2. Is the assessed value likely higher or lower than the selling price?
The assessed value is $330k. Historical data shows a sold price between $250k-$300k in July 2021. Market conditions change, so a current listing price would need to be established, but the assessment provides a benchmark for municipal taxation.
3. What does the "below average" city-wide living area ranking mean for me?
With 1,007 sqft, the home's interior is smaller than the Winnipeg average (~1,342 sqft). This highlights a compact floor plan, ideal for simpler living but something to consider if you need ample indoor space.
4. How can I get the exact historical sold price for this home?
The site provides sold price ranges. To obtain the exact figure, you must request a manual lookup via email, as this data is not sourced from the MLS system.
5. The home was built in 1967. What should I consider?
A home of this age may have original components, like windows, roofing, or major systems (electrical, plumbing, HVAC), that are nearing or past their typical lifespan. A thorough inspection is recommended to budget for any necessary updates or maintenance.