763 Dale Boulevard – Property Summary
Key Characteristics & Buyer Profile
This is a 1971-built home with 840 sq ft of living space and a 3,041 sq ft lot, located in the Westdale area of Winnipeg. Compared to other properties on Dale Boulevard, the home is smaller in both living area and lot size—ranking in the bottom 10% for lot size and bottom 16% for square footage on the street. Its assessed value of $246,000 also falls below the street average of $338,000.
The appeal here is not about space or land, but about entry point. This property sits at a noticeably lower price tier within its own street and neighbourhood, which may indicate an opportunity for buyers who are willing to trade square footage for a lower initial investment. The build year is close to the neighbourhood average, so it's not unusually dated for the area.
This home would suit a buyer who is less concerned with having a large yard or interior footprint, and more focused on affordability within a specific area. It may also appeal to someone looking to renovate or expand on a smaller lot, or a first-time buyer who wants to be in Westdale without paying the premium that larger homes in the same street command. Because the lot is compact and the assessed value is low relative to neighbours, there may be less competition from buyers seeking maximum space.
Five Possible FAQs
1. How does the property's size compare to others nearby?
The living area is about 23% smaller than the street average, and the lot is roughly 44% smaller. It's one of the smallest homes on Dale Boulevard for both interior space and land.
2. Is the assessed value unusually low for the area?
Yes. The assessed total of $246,000 is about 27% below the street average and 20% below the Westdale neighbourhood average. It ranks in the bottom 12% on the street and bottom 16% in the community.
3. What does the build year tell us about the home's condition?
Built in 1971, the home is roughly average for the neighbourhood and slightly newer than the citywide median. It's not especially old or new, but typical of the area's housing stock.
4. Does a smaller lot affect resale potential?
It could limit appeal for buyers wanting outdoor space, but it may also mean lower maintenance and yard work. In a neighbourhood where larger lots are the norm, this property stands out as a more compact option—which could be a plus for some buyers.
5. Is this property a good candidate for renovation or expansion?
Possibly, but the small lot (3,041 sq ft) may limit what can be done without variances. It's worth checking local zoning rules. The low assessed value relative to neighbours might also mean the purchase price leaves room for upgrades, but the land itself won't support a large addition.