Property Overview: 412 Dalton Street, Winnipeg
Key Characteristics & Appeal
This is a compact, mid-century home built in 1951, situated on a standard-sized lot in the Robertson neighborhood. Its primary characteristic is a clear contrast: with 728 sqft of living space, the house is notably smaller than most homes on its street, in Robertson, and across Winnipeg. However, its assessed value of $298k is above average for both the immediate street and the broader neighborhood, suggesting the property is valued for more than just its square footage.
The appeal lies in its efficiency and position as a relatively premium offering within its local market. It represents an opportunity for a lower-maintenance footprint without sacrificing the benefits of a established community. The lot, while below the city average, is in line with the local area and offers typical outdoor space for the setting.
This property would best suit first-time buyers, downsizers, or pragmatic investors seeking an entry into the market with a home that holds its value well within its immediate context. It’s for a buyer who prioritizes location and financial efficiency over spaciousness, understanding they are acquiring a well-regarded asset in a comparative sense, even if it’s a compact one.
Frequently Asked Questions
1. Why is the assessed value above the neighborhood average when the house is smaller than average?
This typically indicates that assessors have factored in other elements, such as the property's condition, updates, specific location on the street, or the overall desirability of the lot. It suggests the property is considered a stronger-than-average asset within its direct comparison group.
2. How reliable is the sold price data shown?
The sold price range (CA$200k–250k) for 2016 is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site, which they provide via email.
3. The home is much smaller than the city average. Is this a concern for future resale?
While the size is below the Winnipeg average, its value ranks highly on its street and in Robertson. This indicates the local market has its own standards. Resale would likely depend more on continued demand in this specific area rather than citywide size trends.
4. What does the "Top X%" ranking actually mean?
A "Top 95%" rank for living area on its street means the property's square footage is greater than only 5% of comparable homes on Dalton Street—so it's among the smallest. Conversely, a "Top 24%" rank for value means its assessed value is higher than 76% of street comparables, placing it in the top quarter.
5. Are the nearby and similarly valued properties good indicators for this home?
The listed nearby and similarly valued properties provide context for the neighborhood's character and price point. However, note that some "similar value" examples are in different neighborhoods altogether, highlighting that $298k can purchase varying types of property across Winnipeg, from compact homes in central areas to potentially larger ones farther out.