592 Dale Boulevard – Property Summary
Key Characteristics, Appeal & Buyer Profile
This property is a well-positioned entry point in the Westdale neighbourhood of Winnipeg, with a solid balance of living space and land relative to its local peers. The home offers 1,050 sq ft of living area, which sits very close to the community average of 1,029 sq ft, putting it in the middle of the pack within Westdale. The lot size of 5,734 sq ft is slightly above the community average (5,168 sq ft) and ranks in the top 40% on the street, giving it more outdoor space than many nearby homes.
The assessed value of $315,000 is notably lower than both the street average and the city-wide median, which reflects the home’s age (built in 1969) and potentially less recent renovation activity. The building year places it among the older homes on Dale Boulevard – ranking in the bottom 10% of the street – but it is roughly in line with Winnipeg’s overall median build year. For buyers, this means a lower purchase price relative to newer homes in the area, but it may also come with deferred maintenance or a need for updates.
Where the appeal lies: This property appeals most to buyers who prioritize space and land over a turnkey interior. The land is a real asset – both in size and in its positioning relative to the neighbourhood. The home sits in a desirable, established part of Winnipeg with stable property values, but without the premium attached to newer construction. It’s a practical option for someone willing to invest in renovations or simply live with an older home while benefiting from a larger lot and a lower tax base.
Suitable buyer types: First-time buyers looking for a foot in the door in a good area; investors or flippers who see upside in updating an older home on a strong lot; downsizers who value yard space and a quiet street over a modern interior. Not ideal for someone seeking a move-in-ready, updated home or for buyers who need to be in the top tier of the local school catchment without compromise.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area?
The assessed value of $315,000 is below the Dale Boulevard average of $338,000 and well under the city-wide average of $390,000. Within Westdale, it’s slightly above the neighbourhood median of $307,000, meaning it’s priced competitively for the community.
2. Is the home’s age a concern from a maintenance perspective?
The home was built in 1969, placing it among the older homes on the street. While age alone isn’t a dealbreaker, buyers should budget for potential updates to major systems (roof, furnace, windows, plumbing) unless recent replacements have been documented. The lot size and location offset some of this risk for the right buyer.
3. How does the living space compare to other homes on the street and in the neighbourhood?
At 1,050 sq ft, it’s close to the street average of 1,088 sq ft and within 2% of the Westdale community average. It ranks in the middle of the neighbourhood, so it’s not oversized or undersized for the area. Buyers looking for more square footage should look elsewhere, but for someone comfortable with a modest footprint, it fits right in.
4. What is the lot like relative to nearby properties?
The lot is 5,734 sq ft, which is above both the street and community averages. It ranks in the top 40% on Dale Boulevard and in the top 45% in Westdale. Compared to city-wide lot sizes, it’s still above average. That extra land is a key differentiator – especially in a neighbourhood where larger lots are becoming less common.
5. Is this a good investment property?
Potentially, depending on your strategy. The low assessed value relative to the neighbourhood suggests potential for value-add improvements. The strong lot size and desirable location in Westdale offer some insulation from market swings. That said, the older construction and the fact that the home ranks below average on the street for assessed value mean that returns will largely depend on how much work you’re willing to put in. It’s not a passive hold; it’s a property that rewards active ownership.