Property Overview: 657 Dallenlea Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 970 sqft bungalow, built in 1956, sits on a just-under 5,000 sqft lot in the Munroe East neighbourhood. The data presents a home that is modest in scale but offers a solid, established foundation. Its assessed value is notably consistent with the local area average, suggesting it is priced appropriately within its immediate market.
The appeal here is one of practicality and potential. The lot size is very typical for the area, providing a manageable outdoor space. While the living area is below average for its specific street, it is quite close to the average for Munroe East overall, indicating the home is representative of the neighbourhood's stock. A less obvious perspective is that its 1956 build date makes it one of the older homes on Dallenlea Avenue, which could appeal to buyers interested in classic bungalow character or who see an opportunity in a home that may not have been as extensively renovated as others on the block.
This property would best suit first-time buyers or downsizers looking for an affordable, low-maintenance entry into a stable neighbourhood. It’s also a candidate for a long-term holder or investor who values a realistic assessment and isn’t seeking a large or modern footprint, but rather a straightforward property in a central location.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 970 sqft, the living area is slightly below the average for Dallenlea Avenue itself but is very close to the average for the broader Munroe East neighbourhood. This suggests it's a comfortably sized home for the area, though not among the largest on its street.
2. Is the assessed value high or low for Winnipeg?
The assessed value of $29,800 is around the middle range for Munroe East but is below the city-wide average. This is typical for a mature neighbourhood and reflects the home’s smaller size and older age compared to newer city developments.
3. What does the sold price history indicate?
Records show it last sold between $200,000 and $250,000 in 2019. This past sale price, combined with its current assessed value, provides a benchmark for its market value trajectory over the last several years.
4. How does the lot size compare?
The 4,997 sqft lot is just under the average for the street but is almost identical to the average lot size for the Munroe East area. It is a standard, manageable residential lot.
5. The home was built in 1956. What should I consider?
Being built in 1956 means major components like the roof, windows, plumbing, and electrical systems are likely at or beyond their typical lifespan. A thorough inspection is essential to understand the condition and to budget for potential updates, which also presents an opportunity to customize.