Property Overview

This 980 sqft, one-storey home on Stella Avenue in Winnipeg's Dufferin neighbourhood is a classic, no-frills property. Built in 1907, it sits on a 3,683 sqft lot and features a basement that is present but not renovated. There is no garage or pool. The home last sold in 2016 for $140,000. Its key appeal lies in its position as a straightforward, modestly-sized home in an established central area. The data suggests it is very typical for its immediate street and neighbourhood in terms of size, assessed value, and age, but is notably more compact and older than the Winnipeg city-wide average.

This property would suit a pragmatic, value-conscious buyer—perhaps a first-time homeowner or an investor—who is comfortable with a home that requires updates and values location over modern finishes. It’s not for someone seeking turn-key convenience or ample space, but rather for those who see potential in a solid, simple structure and appreciate having below-average property taxes due to its low assessed value.

Frequently Asked Questions

1. What does "assessed value" mean, and why is it so much lower than the last sale price?
The assessed value (listed here as $14,500) is for municipal tax purposes only and is not an indicator of market value. The significant difference from the 2016 sale price of $140,000 is normal; market value is determined by what a buyer is willing to pay, while assessed value follows a provincial formula for taxation.

2. Is the basement usable?
The listing confirms a basement exists but specifies it is "not renovated." Buyers should anticipate it being in original or rough condition, suitable for storage or mechanicals, but likely not finished living space without investment.

3. How does this home compare to others in the area?
The data shows this home is very average for Stella Avenue and the Dufferin neighbourhood in terms of living space, lot size, and age. Its assessed value is also typical locally. This means you’re getting a standard offering for this specific, older central community, not an outlier.

4. What are the implications of the home's age (built in 1907)?
While charming, a 119-year-old home requires diligent inspection for foundational integrity, plumbing, electrical systems, and insulation. Its "around average" age for the street suggests the neighbourhood character is historic, but potential maintenance costs should be a primary budget consideration.

5. There's no garage. What are the parking options?
The property has no garage. Parking would be limited to on-street. Buyers should verify local parking regulations with the city to understand any restrictions or permit requirements.