Property Overview: 1008 Dudley Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,141 sqft home on a 4,207 sqft lot in Rockwood presents a clear value proposition within its established neighborhood. Built in 1945, it is typical for the area in age and size, offering comfortable, practical living space. Its primary appeal lies in its significantly below-average assessed value of $227k, which is well under the averages for Dudley Avenue, Rockwood, and Winnipeg as a whole. This creates a notable entry point into the market.
The property would suit first-time buyers or pragmatic investors seeking a functional home with a lower municipal tax assessment base. It’s a straightforward option for those who prioritize financial accessibility over modern features, and who see potential in a home that is priced below its immediate peers. A thoughtful perspective is that while the living area is competitive on its street, the below-average valuation could reflect a home in need of updates, presenting a classic value-add opportunity for a buyer willing to invest in renovations.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value is a municipal valuation for tax purposes and can be influenced by factors like interior condition, specific upgrades (or lack thereof), and precise lot characteristics. It suggests this property may be a candidate for modernization compared to some neighbors.
2. How reliable is the sold price data shown?
The displayed sold price range (CA$150k–200k from 2019) is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
3. Is the living space adequate for a family?
At 1,141 sqft, it is above the street average and typical for the Rockwood neighborhood. It should provide sufficient space for a small to medium-sized family, comparable to many other homes in the immediate area.
4. What does the "Top %" ranking mean for each category?
A ranking like "Top 93%" for assessed value on its street means the property’s value is higher than only 7% of comparable homes on Dudley Avenue—so it's one of the lowest assessed on the street. Conversely, a "Top 24%" ranking for living area means it is larger than 76% of street peers.
5. Are homes from 1945 expensive to maintain?
As a home from the mid-1940s, prospective buyers should budget for potential updates to major aging components like plumbing, electrical, windows, and the roof. Its year built is typical for the street, so many neighbors likely manage similar maintenance considerations.