Property Overview
1047 Dudley Avenue is a classic 1940s home in Winnipeg's Rockwood neighborhood. With 1,074 sqft of living space on a 4,213 sqft lot, it presents a straightforward, manageable footprint. The data suggests it's a home that doesn't stand out for size or assessed value, but rather offers a grounded entry point into its community. Its assessed value of $252k is consistently below the averages for the street, neighborhood, and city, indicating a potentially accessible price point in a mature area. Recent sale history shows steady appreciation, moving from the $150k-$200k range in 2017 to the $300k-$350k range in 2024.
Key Characteristics & Appeal
This home’s primary appeal lies in its practicality and position as a relative value within its established surroundings. It suits first-time buyers or practical investors looking for a home without premium square footage or lot size, but with the stability of a long-developed neighborhood. Its size is typical for the street, meaning it fits right in without feeling oversized or burdensome. A thoughtful perspective is that a home with below-average assessed value on a street of higher-valued properties can represent an opportunity to add value through updates, while benefiting from the overall character and stability of the block. It’s a home for someone content with a standard-sized yard and living area, who prioritizes neighborhood placement over standout features.
Frequently Asked Questions
1. Is this a good value compared to the neighborhood?
The data indicates the home's assessed value is below the Rockwood neighborhood average, suggesting it may offer a more accessible entry point into the area compared to other homes.
2. How has the property's value changed over time?
Based on available sale data, the home has appreciated through its last three sales, with the sold price range increasing from $150k-$200k in 2017 to $300k-$350k in 2024.
3. How does the lot size compare?
At 4,213 sqft, the lot is slightly larger than the street average but below the citywide average. It provides a standard-sized urban yard typical for the immediate area.
4. Are the sold prices shown the exact amounts?
No. The figures shown are estimated ranges. To obtain the exact, verified historical sold prices, you must request them directly via email from the site provider.
5. The home was built in 1945. What should I consider?
As a home from the mid-1940s, prospective buyers should budget for potential updates to aging components like plumbing, electrical, windows, and insulation, which are common for houses of this era.