Property Overview
This 998 sqft bungalow at 110 Dowling Avenue W in Winnipeg's Radisson neighborhood presents a practical and well-situated home. Built in 1973, it is notably newer than most homes on its street and in the immediate area, which is a key advantage. The living space is above average for the street but more compact compared to the Winnipeg average, suggesting efficient use of space rather than expansiveness. With an assessed value that aligns closely with neighborhood and street averages, it sits in a stable, established value bracket.
Its appeal lies in its relative modernity within a mature neighborhood, offering a balance between updated infrastructure and established community character. The lot size is standard for the area, providing manageable outdoor space. It recently sold within the $350k-$400k range, a price point that was competitive both locally and city-wide.
This property would suit first-time buyers seeking a move-in-ready home without the concerns of an older structure, or downsizers looking for a manageable, single-level layout in a convenient location. It’s a pragmatic choice for those prioritizing value, neighborhood stability, and a home that requires less immediate upkeep due to its newer build date.
Frequently Asked Questions
How does the home’s size compare to others nearby?
At 998 sqft, the living area is larger than the average home on Dowling Avenue W, but slightly below the Radisson neighborhood average. This indicates a comfortable size for the immediate street, offering a bit more space than many neighboring properties.
Is the assessed value in line with recent sale prices?
The home is assessed at $325k. It sold recently for between $350k and $400k, suggesting the market value exceeded its municipal assessment at the time of sale, which is common in active markets.
What does the 1973 build year mean for a buyer?
A 1973 build is a significant advantage on this street and in Radisson, where many homes are older. This typically means more modern wiring, plumbing, and insulation compared to mid-century builds, potentially reducing near-term renovation needs.
How does the lot size affect the property?
The 4,999 sqft lot is slightly larger than the street average. It provides a decent yard space for its home size, but is not an exceptionally large parcel. It aligns with the neighborhood’s character of modest, family-oriented lots.
What is the context of the sold price range?
The sale price between $350k and $400k placed this home in the top 12% of sales on its street and top 18% in the Radisson area for that period. This shows it was a premium offering within its immediate local market, likely due to its condition, size, and newer build year.