Property Overview: 156 Dupont Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This home presents a specific value proposition centered on its lot and location rather than its interior size. Built in 1961, it sits on a generous, roughly 4,750 sqft lot that is above average for the immediate area. The 840 sqft living area is notably compact, ranking below average for the street, neighborhood, and city, indicating a home suited for efficient living or with potential for expansion. With an assessed value of $291,000, it is positioned below the Winnipeg city average but aligns more closely with the typical home value in the established Norwood East area.
Its primary appeal lies in securing a sizable property in a mature neighborhood at a relatively accessible price point. It suits first-time buyers or downsizers who prioritize land size and location over square footage, and it may attract investors or vision-oriented owners who see potential in the existing lot for future renovation, addition, or redevelopment, subject to local zoning.
Frequently Asked Questions
1. Why is the living area significantly smaller than nearby homes?
The data confirms this home has the smallest living area on Dupont Street. This is characteristic of certain older, more modestly scaled homes in mature neighborhoods and is a key factor in its pricing and value proposition.
2. How does the assessed value compare to recent sale prices on the street?
The home last sold between $250,000-$300,000 in early 2019. Its current assessed value of $291,000 is below the street's average assessed value, suggesting it is valued in line with that prior sale and its smaller size.
3. Is the lot size a standout feature?
Yes. The lot is over 4,700 sqft, which is slightly larger than the average for both Dupont Street and the Norwood East area. This provides more outdoor space and potential than many nearby properties.
4. What does the "above average" year built ranking for Norwood East mean?
While built in 1961, this home is newer than many in Norwood East, where the average comparable home was built around 1935. This suggests it may have more modern construction fundamentals than some neighborhood peers.
5. How can I verify the exact historical sale price?
The precise sale price is not publicly displayed due to data licensing. You can request the exact figure via email through the site's provided form for manual lookup.