Property Overview
This home at 50 Duval Street in Winnipeg's Mandalay West neighbourhood presents a solid, above-average offering within its immediate streetscape. Built in 1985, its key appeal lies in its relative standing compared to nearby homes. With 1,056 sqft of living space and a 5,298 sqft lot, it ranks in the top 15-30% on Duval Street for size, value, and year built. This suggests a well-positioned property on a street with many comparable homes. The assessed value of $38,100 is notably above the street average. Its last known sale was between $250k-$300k in 2017.
The property suits practical buyers looking for a home that outperforms its direct neighbours on paper, offering a sense of value and space within the local context. It would appeal to those who prioritize a stable, established community like Mandalay West and see advantage in a home that stands a bit above the street norm without being an outlier city-wide. A thoughtful perspective is that while it shines on its own street, its metrics are more average when viewed across the wider area or city, indicating a comfortable, middle-ground purchase in the broader market.
Frequently Asked Questions
What does "above average for the street" actually mean for a buyer?
It means that compared to the 40 homes on Duval Street, this property ranks highly in key categories like living area and assessed value. You're getting more house and a higher official valuation than most of your direct neighbours, which can be a positive for pride of ownership and potential street appeal.
Is the $38,100 assessed value the market price?
No. The assessed value is for municipal tax purposes. The market price is determined by current buyer demand. The last known sale was in the $250k-$300k range in 2017, so the market value today would be different.
How does the lot size compare to typical Winnipeg homes?
At 5,298 sqft, the lot is above average for Duval Street but slightly below the average for the wider Mandalay West area and city. It offers good private outdoor space for the street, but may not be as large as some lots in newer subdivisions.
The home was built in 1985. What should I consider?
A home from this era is likely to have modern fundamentals (wiring, insulation standards) but may be due for updates to kitchens, bathrooms, or windows. Its above-average ranking for year built on the street suggests it's one of the newer homes in the vicinity.
Why can't I see the exact historical sold price here?
Exact sale prices are not always publicly available in Manitoba. The provided range is based on available data. You can request the precise figure from the listing service via email, as noted on the detail page.