Property Summary: 673 Dudley Avenue, Winnipeg
Key Characteristics & Buyer Profile
This one-and-a-half storey home in Earl Grey offers a practical footprint with notable space efficiency. Its 1,376 sqft of living area is significantly above average for both its immediate street and the Earl Grey neighbourhood, providing more interior room than many comparable homes. Built in 1952, it is a relatively newer build within its historic area. The property sits on a 4,054 sqft lot, which is a comfortable size for the neighbourhood. Key features include a detached garage and an unrenovated basement, presenting a classic Winnipeg layout with clear potential for updates.
The appeal lies in its strong positional value within a desirable community. The home’s assessed value and living space rank consistently above local averages, suggesting a solid investment in a well-regarded area. It suits buyers looking for a character home in a prime location who are comfortable with a property that retains its original basement condition. It’s an ideal canvas for someone planning gradual, personalized renovations rather than seeking a fully modernized turn-key property.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
Very favorably. With 1,376 sqft, this home offers more living space than approximately 92% of similar homes on Dudley Avenue and 72% of homes in the broader Earl Grey neighbourhood.
2. What is the significance of the assessed value?
The assessed value of $37,800k is above the local average for both the street and Earl Grey. It’s important to note that this is a value for municipal tax purposes and is distinct from market value, but it indicates the property is assessed in a higher tier relative to its immediate peers.
3. Is the basement finished?
No, the basement is noted as “not renovated.” This presents potential for additional living space or storage, but any development would be a project for the new owner.
4. How does the lot size compare?
The lot is fairly standard for Earl Grey, where it ranks above average. It is smaller than the typical city-wide lot, which is common for established, central neighbourhoods.
5. The home sold in late 2021. What can that price tell me?
The previous sale price can provide a historical benchmark, but it may not reflect current market conditions. It’s most useful for understanding price trends over time, and a current market evaluation is essential for today’s value.