Property Overview: 71 Dunrobin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Dunrobin Avenue in the Kildonan Drive neighbourhood presents a solid, value-oriented opportunity. Built in 1948, it features 1,144 sqft of living space and sits on a 4,952 sqft lot, with a detached garage and a renovated basement.
Its primary appeal lies in its strong assessed value proposition. The property ranks in the top 5% for assessed value on its own street, indicating it is viewed as a premium property within this immediate area. This suggests a well-maintained home that stands out among its closest peers. The living space is also above average for the street. While the lot size is smaller than the neighbourhood average, it remains a generous parcel by city-wide standards.
This home would suit practical buyers looking for a move-in-ready character home in a established neighbourhood, without the premium often attached to newer builds. It’s ideal for first-time homeowners, small families, or downsizers who value space, a finished basement, and a property that holds its relative value well on its block. A thoughtful perspective is that its high street-level assessment could signal a stable or growing micro-market on Dunrobin Avenue, offering a degree of insulation from broader market fluctuations.
Section 2: Frequently Asked Questions
1. What does the "Top 5% for Assessed Value on the street" actually mean?
It means that of the 247 comparable homes on Dunrobin Avenue, only 11 have a higher municipal assessed value than this one. This typically reflects the city’s opinion of the property’s worth relative to its immediate neighbours, often based on factors like condition, improvements, and lot desirability.
2. Is the smaller lot size a significant drawback?
While the lot is below the average size for the broader Kildonan Drive area, it is close to the city-wide average. For many buyers, a 4,952 sqft lot provides ample yard space. The trade-off can be less maintenance, which may be appealing.
3. The home was built in 1948. What should I be aware of?
While the basement is noted as renovated, a home of this age may still have original components like plumbing, electrical, or windows. A thorough inspection is recommended to understand the condition and potential future updates needed for these older systems.
4. How does the last sold price (2020) relate to today’s value?
The 2020 sale price provides a historical benchmark, but market conditions have likely changed. The current assessed value of $39,200k is a more current administrative valuation, though the actual market value is determined by what buyers are willing to pay today.
5. What is the neighbourhood like?
Kildonan Drive is an established, mature neighbourhood. The listing shows nearby properties of similar vintage and value, suggesting a consistent, stable streetscape. The presence of many homes from the same era often indicates a well-settled community with older trees and character.