Property Overview
This two-storey home at 687 Dudley Avenue in Winnipeg's Earl Grey neighbourhood presents a classic character property with modern updates. Its key appeal lies in the balance of historic charm and practical renovation, notably in the finished basement. At 1,106 sqft of living space, the home is comfortably sized for a small family, couple, or downsizer. The detached garage adds functional value in an established area.
The data reveals a thoughtful perspective: while the lot is smaller than most in the city, the home's assessed value ranks well above average for both its street and neighbourhood. This suggests the renovations and location are recognized in its valuation. Built in 1910, it is among the older homes on the block, appealing to those who appreciate heritage but want move-in readiness. It suits a buyer looking for a maintained, character home in a central neighbourhood without the footprint or maintenance of a larger property.
Frequently Asked Questions
How does the lot size impact the property?
The land area is 2,531 sqft, which is smaller than many lots in Winnipeg. This translates to less exterior maintenance and yard work, which can be a benefit for some, but may limit expansive garden or outdoor recreation space.
What does the above-average assessed value indicate?
For both Dudley Avenue and the wider Earl Grey area, this home's assessed value ranks in the top 20%. This typically reflects factors like its renovated condition, desirable location, and improvements relative to other homes, rather than just its size or age.
Is the basement renovation a full suite?
The listing specifies a renovated basement. Buyers should inquire with the listing agent to confirm the specific nature of the renovation, its permits, and whether it includes a separate entrance or kitchen facilities.
How does the age of the home affect insurance or renovations?
Being built in 1910, some insurance providers may have specific requirements for wiring or plumbing. Future renovations may also need to consider heritage character or older building materials, so checks with the city and inspectors are advisable.
The home sold in 2021; what does that recent sale suggest?
The previous sale price from June 2021 provides a recent market benchmark. It indicates the property has changed hands relatively recently in a dynamic market, and a buyer can research how prices in the area have trended since that time.