Property Overview: 174 Dubois Place, Richmond Lakes, Winnipeg
Key Characteristics & Appeal
This home at 174 Dubois Place presents a practical opportunity in Winnipeg's Richmond Lakes neighbourhood. Built in 1979, its 1,040 sqft living space is comfortably in line with the average for both the immediate street and the wider area, offering a manageable layout for everyday living. A notable characteristic is its assessed value of $325k, which sits below the average for its immediate vicinity. This creates a potential value proposition, as you're acquiring a home in an established area at a valuation that is more accessible than many of its neighbours.
The appeal lies in this balance of space, location, and price point. It suits first-time buyers or downsizers looking for an entry into a mature neighbourhood without a premium price tag. The lot size of 4,515 sqft is smaller than most on the street, which translates to less yard maintenance—a plus for those seeking a low-maintenance property. A thoughtful perspective is that while the home is one of the newest on its block (ranking in the top 2%), its systems and components are still of an age where future updates should be factored into planning. It last sold between 2017-2022, suggesting it may be a candidate for cosmetic modernization to align with current tastes.
Frequently Asked Questions
1. Is the below-average assessed value a concern?
Not necessarily. It primarily indicates that the city's assessment for this property is lower relative to nearby homes, which can be advantageous for property taxes. It often reflects the home's specific attributes, like its smaller lot size, rather than a problem with the property itself.
2. What does the smaller lot size mean for me?
The lot is significantly smaller than others on Dubois Place. This means less outdoor space for gardening or expansive recreation, but also reduced time and cost for lawn care and landscaping—a benefit for those prioritizing indoor living space and ease of upkeep.
3. The home is one of the newest on the street. Does that mean it's modern?
"Newest" is relative here. Built in 1979, it is newer than many Winnipeg homes, but it is still nearly 50 years old. Buyers should expect a home of that era and plan for potential updates to elements like windows, roofing, or interior finishes to meet modern standards.
4. How can I find out the exact past sale price?
The provided data shows a sold price range. Due to industry regulations, exact sale figures are not published online here. You can request the precise sale history by emailing the site directly for a manual lookup.
5. Who would this property not suit?
It may not be ideal for buyers seeking a large yard, a home with very recent renovations, or those whose priority is a property assessed at the top of its market segment. It’s best suited for practical buyers who see value in the neighbourhood and are comfortable with a home that may benefit from personalization.