Property Overview: 529 Doucet Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Doucet Street in Dufresne presents a practical and renovated living space. With 1,070 sqft of living area, it sits comfortably within the average range for its immediate neighborhood and offers a recently updated basement. A detached garage adds functional storage or parking. The home’s assessed value of $240,000 is notably below the Winnipeg citywide average, indicating a more accessible entry point into the market.
Its primary appeal lies in its position as a solid, updated character home in an established community. It suits first-time buyers seeking a move-in-ready property without the premium of a new build, or investors looking for a stable rental property with modernized fundamentals. A thoughtful perspective is that while the lot size is smaller than many in the city, it translates to less exterior maintenance—a bonus for those seeking a home without extensive yard work. The 1927 build date means it has pre-1945 character, but the renovated basement suggests some of the major modernization work has already been addressed.
Frequently Asked Questions
1. How does this home compare to others in the area?
The home is consistently "around average" for its street and neighborhood in terms of size, age, and value. It’s a typical, well-integrated property for Dufresne, not an outlier in any category.
2. Why is the assessed value significantly lower than the citywide average?
This reflects the generally more affordable property values in the Dufresne area compared to the Winnipeg average. It indicates a potentially lower property tax burden relative to many parts of the city.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, ceiling height, permits, or moisture control should be verified through a viewing and inspection.
4. Is a 99-year-old home a concern?
While the structure is mature, the renovated basement is a positive sign of updates. A thorough inspection is crucial to understand the condition of major aging components like the roof, wiring, and plumbing.
5. It sold recently in November 2023. What does that mean?
The sale 5 months ago provides a very recent, concrete market price ($24.5k) for direct comparison, offering a clear benchmark for current value in a way older sales data cannot.