Property Overview: 152 Dupont Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This is a 1,012 sqft home built in 1945, situated on a slightly larger-than-average lot (4,878 sqft) for its immediate area in Norwood East. Its primary appeal lies in its position as a more affordable entry point into a mature neighborhood. With an assessed value of $276k, it sits notably below the average for both the street and the city, suggesting a lower property tax burden and an opportunity for buyers priced out of newer or larger homes. The lot size is a relative strength, offering potential for outdoor space or expansion that many similarly priced properties lack.
The home would suit first-time buyers, downsizers, or value-focused investors seeking a character home in an established community. Its below-average living area indicates a cozier, more manageable footprint, ideal for those who prioritize lower maintenance and utility costs over spaciousness. A thoughtful perspective is that its 1945 build date, while older than many city homes, is actually above average for the Norwood East neighborhood, placing it among the area's more historic housing stock. This could appeal to those who appreciate the charm and construction quality of that era.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value of $276k is for municipal tax purposes. Market value is determined by recent sales, buyer demand, and the home's condition. Given it's below area averages, it may indicate a competitive listing price, but a professional appraisal or comparative market analysis is needed for accuracy.
2. What does the living area being "below average" practically mean?
At 1,012 sqft, the home is about 15-25% smaller than the typical local home. This often means fewer or more compact rooms, less storage, and a more efficient layout. It's a trade-off for affordability and easier upkeep.
3. The home last sold in 2016. Is there more detailed price history?
Exact sold prices are not publicly displayed here due to data source rules. You can request the full transaction history via email from the site provider for verified figures.
4. Is the larger lot a major advantage?
Potentially. The lot is above average for the street and neighborhood, which can provide more privacy, yard space, or future development potential (subject to zoning). This is a key differentiator from other homes with similar square footage.
5. What are the implications of the 1945 build year?
Homes of this age often have solid construction but may require updates to mechanical systems (like plumbing or electrical), insulation, and windows. It's wise to budget for maintenance consistent with an older home and to invest in a thorough inspection.