Property Overview
This one-storey home at 429 Dowling Avenue E in Winnipeg's Kildare-Redonda neighbourhood presents a practical and value-oriented opportunity. Its key appeal lies in a combination of a recently renovated basement, a detached garage, and a lot size that is generous for the area. The home is notably newer than most on its street and in the immediate area, having been built in 1973. While its living space is compact at 988 sq ft, its assessed value ranks highly compared to local peers, suggesting a solid perceived value within the community.
This property would suit first-time buyers seeking an entry point into homeownership with some modernized updates, or an investor looking for a manageable rental property. It also appeals to those who prioritize a larger, usable yard over extensive interior square footage. A less obvious perspective is that a home with a high assessed value relative to its neighbours can sometimes indicate better upkeep or improvements, which may provide a firmer foundation for future resale value in that specific locale.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 988 sq ft, the living area is above average for Dowling Avenue E and about average for the wider Kildare-Redonda neighbourhood. It offers a more compact layout compared to the Winnipeg city-wide average.
2. What does the "Elite" ranking for the year built mean?
Built in 1973, the home is newer than 96% of comparable properties on its street and in its area. This can be an advantage, potentially meaning fewer issues with aging components like wiring or plumbing compared to much older homes in the vicinity.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $35,400 is for municipal tax purposes and ranks very high locally. However, market conditions, the home's interior condition, and recent renovations will ultimately determine the sale price. The last recorded sale was between $22.5k and $25.5k in early 2019.
4. What are the practical benefits of the lot size?
The lot of 5,098 sq ft is above average for the street. This provides more outdoor space for gardening, recreation, or future additions like a shed or deck, which is a notable perk in a established neighbourhood.
5. How can I find out the exact historical sale prices?
The precise sold prices are not publicly displayed in detail. The listing service offers to provide the exact figures manually via email upon request, at no cost and without using your email for marketing.