Property Overview: 265 Dumoulin Street, Winnipeg
Key Characteristics & Buyer Appeal
This home at 265 Dumoulin Street in North St. Boniface is a practical, character property built in 1927. With 1,010 square feet of living space, it is modestly sized compared to its immediate street and neighborhood, offering a more manageable footprint. Its assessed value of $296,000 positions it below the city-wide average, suggesting a relative value entry point into the market. The lot size of 4,037 sqft is also smaller than most in the area, which can mean less maintenance.
The appeal lies in its established neighborhood setting and its value proposition. For buyers, it represents an opportunity to own a home in a mature community without a premium price tag. It would particularly suit first-time buyers or downsizers looking for a lower-maintenance property with classic charm. The smaller scale of both the house and lot could be seen as an efficiency advantage, offering lower utility and upkeep costs. A thoughtful perspective is that a home of this vintage and size on a smaller lot often presents a clearer renovation or update project, as the scope can be more contained and affordable than with a larger estate.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $250,000 and $300,000 in late 2020. Its current assessed value of $296,000 is below the street average, indicating it may be priced competitively within the immediate area.
2. Is the smaller lot size a significant disadvantage?
While the lot is below average in size for the street and city, it provides adequate outdoor space with potentially less yard work. This can be a benefit for those seeking a lower-maintenance property.
3. What should I consider about a home built in 1927?
While offering character, a home of this age will likely have older infrastructure. A thorough inspection is essential to understand the condition of the foundation, plumbing, electrical systems, and insulation, and to budget for any necessary updates.
4. How accurate is the sold price data provided?
The sold price is presented as a range based on publicly available data. For fully verified and exact historical sale figures, you must request a manual lookup from the site, as they do not have access to MLS sales records.
5. Are the nearby listed properties direct comparisons?
The listed nearby properties (e.g., 251 and 227 Dumoulin Street) provide context for the street but are not direct comparables. They differ in year built, size, and assessed value, highlighting the variety of homes in this established area.