761 Dale Boulevard – Property Summary
Key Characteristics & Buyer Profile
This is a 1971 home with 840 square feet of living space on a 4,202-square-foot lot, currently assessed at $249,000. Across every major metric—living area, land size, and assessed value—the property falls below average compared to others on its street, in the Westdale neighbourhood, and across Winnipeg. The one exception is the year built, which sits roughly average for all three scopes.
Its main appeal is affordability relative to nearby homes. With an assessed value $88,500 below the street average and $141,100 below the citywide average, it offers a lower entry point into a well-established neighbourhood. The lot is modest by suburban standards but still provides usable outdoor space. The home’s age aligns with the post-war housing stock common in the area, meaning it’s likely a brick or stucco bungalow or split-level—solidly built but in need of updating.
This property would suit a buyer who is comfortable with a fixer-upper or a cosmetic renovation project. First-time buyers with limited budgets who want access to Westdale without paying top dollar could find this viable. It may also appeal to investors looking for a value-add opportunity in a stable Winnipeg neighbourhood, where the below-average assessment leaves room for appreciation after improvements. Buyers who prioritize a newer, larger, or move-in-ready home would be better suited elsewhere.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The property is assessed at $249,000, which is well below the street average of $337,500 and the neighbourhood average of $307,400. Citywide, the average for comparable homes is $390,100. This places it in the bottom 17% of assessed values across Winnipeg.
2. What is the lot size, and is it considered small?
The lot is 4,202 square feet. This is below the street average of 5,437 square feet and the citywide average of 6,570 square feet. Within the Westdale neighbourhood, however, the lot size is closer to average, ranking in the middle 60%.
3. Is this property likely to need major repairs?
Built in 1971, the home is roughly 50 years old. The year built is typical for the area. Without a full inspection it’s impossible to say, but homes of this vintage often require updates to plumbing, electrical, windows, and roofing. The below-average assessed value partly reflects this condition risk.
4. How does the living area compare to typical Winnipeg homes?
At 840 square feet, the living area is below the citywide average of 1,342 square feet, the neighbourhood average of 1,029, and the street average of 1,088. It ranks in the top 88% citywide, meaning most homes in Winnipeg are larger.
5. What does the bar chart ranking system mean?
The rankings compare this property to similar homes within the same street, neighbourhood, and city. A higher rank means you have more homes that are larger, newer, or more expensive. The fill colour indicates how you compare—red means well below average, blue is below, amber is around average, and gray is above. These rankings are based on the property’s current assessed data, not on recent sales prices.