Property Overview & Key Characteristics
This home at 1003 Dumas Avenue in Winnipeg's Maybank neighbourhood presents a specific and compelling value proposition. Its primary appeal lies in its generous, above-average lot size of just under 7,000 sqft, which stands out significantly compared to homes on its street, in the area, and across the city. This offers substantial outdoor space and potential. The house itself, built in 1952, is more modest in scale at 868 sqft, placing it below the average living area for comparable local homes. This creates a dynamic of a smaller, vintage home on a larger-than-typical parcel of land.
The property would suit a practical, value-oriented buyer who prioritizes land over a large existing footprint. It's ideal for someone comfortable with a home from the 1950s, potentially looking for a manageable space to update or maintain, while seeing the lot as a long-term asset—perfect for gardening, expansion, or simply enjoying extra privacy and room. Its assessed value is solid for the area, suggesting a stable, no-frills investment in a mature neighbourhood.
Frequently Asked Questions
Q: How does the smaller living area impact value and livability?
A: The below-average square footage suggests a cozy, efficient layout. It likely means lower utility costs and less maintenance, but requires thoughtful use of space. The value is balanced by the significantly larger lot.
Q: What does the "above average" lot size actually mean for me?
A: With a lot size ranking in the top 13% for Maybank, you have more outdoor space than most local properties. This allows for larger gardens, recreational areas, sheds, or future projects like a deck or addition, where bylaws permit.
Q: The home was built in 1952. What should I consider?
A: While the building is around average age for the street, essential systems like plumbing, electrical, and the roof may be due for updates or inspections. This is typical for homes of this era and should be factored into planning.
Q: The sold price history shows a range from 2016. How is the current value estimated?
A: The provided price range is based on public data. For an accurate, current market valuation or the exact historical sold price, you need to request that information directly via the provided email service, as noted in the details.
Q: Who are the most likely neighbours or buyers in this area?
A: Given the profile of a smaller, older home on a large lot, the area likely attracts a mix of long-term residents, first-time homeowners seeking an entry point into the neighbourhood, and practical buyers interested in the land's potential over a turn-key modern home.