Property Summary: 423 Dowling Avenue E
Section 1: Key Characteristics & Appeal
This bi-level home at 423 Dowling Avenue E presents a practical opportunity in Winnipeg's Kildare-Redonda neighbourhood. Its key characteristic is a value-focused proposition, with a below-average assessed value and modest 720 sqft of living space. However, this is balanced by a recently renovated basement and a land area that is notably larger than most lots on the street and in the area, offering valuable outdoor space or future potential.
The appeal lies in its efficiency and lot size. It suits first-time buyers, downsizers, or investors seeking an affordable entry point into the market with a manageable footprint and lower carrying costs. The 1973 build date is relatively newer compared to many immediate neighbours, which can be a plus for maintenance. A thoughtful perspective is that this property represents a "land play" in a mature neighbourhood—you're acquiring a proportionally large lot with a simple, functional home on it, which could appeal to those with long-term vision.
Section 2: Frequently Asked Questions
1. Is the house much smaller than others in Winnipeg?
Yes. At 720 sqft, the living area is significantly below the Winnipeg average (~1,342 sqft). This indicates a compact, efficient layout best suited for individuals, couples, or small families.
2. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope. This is a key question to ask the listing agent to understand if it's a finished living space, a modernized utility area, or includes legal secondary suite potential.
3. Why is the assessed value relatively low?
The assessed value is below average for the street, area, and city. This typically reflects the home's smaller size and simpler specifications. It often translates to lower property taxes, which is a tangible financial benefit.
4. How does the large lot size benefit me?
The 6,012 sqft lot is well above average for the street. This provides more private outdoor space for gardening, recreation, or storage. In the long term, it may also offer more options for additions or redevelopment, subject to zoning bylaws.
5. Where can I find the exact historical sale price?
The exact sold price from the last transaction (November 2021) is not publicly displayed in this summary. You can request it directly via the "Get exact sold price history" feature on the property page, which will be provided via email.