Property Overview: 78 Dunham Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 78 Dunham Street in Mandalay West is a practical property that offers value within a mature, established neighbourhood. Built in 1986, it is notably newer than the Winnipeg city-wide average for homes, which can mean fewer concerns about aging major systems compared to much older stock. With 1,189 sqft of living space and a 5,352 sqft lot, its size is modest relative to its immediate street and area, but aligns closely with the broader city average. This positions it as a more manageable, lower-maintenance property rather than a sprawling one.

Its primary appeal lies in its affordability and efficiency. The assessed value is significantly below the city-wide average, suggesting a lower property tax burden and an accessible entry point into the market. It would suit first-time homebuyers, downsizers, or pragmatic investors seeking a straightforward, no-frills home in a stable area. A thoughtful perspective is that its "below average" size on its own street indicates a neighbourhood of generally larger homes, offering the benefit of a well-established community without the premium price tag of one of its larger properties. The sale in the 2022-2025 period for an estimated $400k-$450k provides a recent benchmark for value.

Section 2: Frequently Asked Questions

1. Is this house much smaller than its neighbours?
Yes, the data indicates that for living area, this home ranks in the bottom 4% on Dunham Street itself. However, its size is much more aligned with the average home across both the Mandalay West area and the entire city, making it typical for Winnipeg overall, just smaller than its immediate neighbours.

2. What does the assessed value tell me about this property?
The assessed value of $39,700 is a figure used for calculating property taxes, not market value. It is notably low, which suggests relatively lower annual property taxes. The actual market value is better indicated by the recent sold price range of $400,000-$450,000.

3. How does the year built affect this home?
Built in 1986, this home is newer than about 73% of homes city-wide. This can be an advantage, as construction standards and materials from the 1980s may require less immediate updating than those from many mid-century homes prevalent in Winnipeg.

4. Who would this property be a good fit for?
It's well-suited for buyers prioritizing affordability and manageable upkeep. First-time buyers can get into a stable neighbourhood, while downsizers may appreciate the smaller square footage and lot size. It's likely less ideal for those needing ample space or wanting the largest home on the block.

5. How can I find out the exact past sale price?
The provided sold price is a range based on public data. To obtain the exact historical sale price, you must request it directly via the email service mentioned on the listing page. The service promises a manual reply with the accurate figure, typically by the end of the same business day.