Property Overview: 269 Dumoulin Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic, compact bungalow built in 1925, situated on a standard city lot in North St. Boniface. Its key appeal lies in its established neighbourhood character and its position as a relatively affordable entry point into the Winnipeg market. With 948 sqft of living space, it is notably cozier than the average city home, suggesting an efficient, manageable layout. The assessed value of $326k is moderately below the citywide average, indicating a value-oriented proposition within a desirable area.
The property would best suit first-time buyers, downsizers, or practical investors looking for a lower-maintenance footprint without leaving a mature, well-located community. Its charm is not in size or modern features, but in its location and simplicity. A thoughtful perspective is that its smaller scale and lot size translate to lower utility costs and less upkeep, which can be a significant long-term advantage. Additionally, while older than most on its street, a well-maintained 1925 home can offer solid craftsmanship and the potential for thoughtful updates that add character, rather than just correcting deficiencies.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to its neighbours?
At 948 sqft, the living area is smaller than most homes on Dumoulin Street and in Winnipeg overall. This makes it one of the more compact options in the area, which is reflected in its pricing.
2. Is the assessed value in line with the area?
Yes. The $326k assessment is very close to the average for Dumoulin Street itself (~$318k) and is moderately below the averages for North St. Boniface and the wider city. This suggests it is priced appropriately for its specific street and immediate locale.
3. What does the sold price data indicate?
The home sold between $250k-$300k in August 2023. This sale price ranked in the middle-to-lower range compared to other sales locally and citywide at that time, consistent with its smaller size and older vintage.
4. Given its age, what should I consider?
Built in 1925, the home is a century old. Prospective buyers should prioritize a thorough inspection focusing on foundational integrity, wiring, plumbing, and insulation—elements that may need upgrading or have already been updated.
5. How does the lot size impact its potential?
The 4,043 sqft lot is slightly smaller than others on the street. This means less yard maintenance but may also limit possibilities for large additions. It’s ample for a garden and patio but may not suit those seeking extensive outdoor space or future expansion.