Property Overview: 161 Dumoulin Street, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home is defined by its impressive scale and substantial lot in North St. Boniface. Its most striking feature is the generous 2,765 sqft of living space, which places it in the top 2-5% of homes locally and citywide. This is complemented by a large 7,332 sqft lot, significantly above the neighbourhood average, offering rare potential for gardens, expansion, or outdoor living. With an assessed value of $569k, it sits well above typical homes on its street and in the area, indicating a premium property in its context.
The appeal lies in the opportunity for spacious, established character living close to the city core. While the 1905 build date means it is one of the older homes in the city, this often translates to classic architectural details and mature surroundings. The recent sale in early 2023 suggests it has seen modern market activity. This property would best suit a buyer who values space and location over new construction—specifically, those looking for a large family home with room to grow, or a purchaser comfortable with the stewardship of a character home and interested in the value of a large, prime lot. It’s a tangible asset in a sought-after neighbourhood, where the land and square footage themselves are the standout features.
Frequently Asked Questions
1. What does the "Elite" and "above average" ranking mean for the assessed value?
The $569k assessment is ranked "Elite" (top 4%) compared to other homes on Dumoulin Street, and "above average" (top 11-13%) for the wider area and city. This indicates the property is officially valued significantly higher than most nearby homes, reflecting its larger size and lot.
2. The home was built in 1905. Should I be concerned?
The age is a key consideration. It places the home in the bottom 10-20% for year built locally, meaning most neighbours' houses are newer. This typically requires a thorough inspection and budgeting for potential updates to older mechanical systems, insulation, or windows, balanced against the character and established neighbourhood feel.
3. How reliable is the sold price data shown?
The site notes sold prices are based on public internet data, not the MLS, and are shown as a range ($500k-$550k for Jan 2023). For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email.
4. What is the practical benefit of such a large lot?
At over 7,300 sqft, the lot is about 50% larger than the North St. Boniface average. This provides exceptional private outdoor space, potential for additions like a garage or studio, and simply more distance from neighbours—a rarity in mature neighbourhoods.
5. The living area is in the top 2%. How does that affect living costs?
While offering abundant space, a home of this size (2,765 sqft) will generally incur higher utility costs for heating and cooling than a 1,300 sqft average area home. Property taxes are also based on the high assessed value, so ongoing carrying costs will be proportionally higher.