Property Overview
This two-storey home at 10 Allan Street in Winnipeg's Chalmers neighbourhood presents a practical and updated living space. Its key appeal lies in offering above-average interior space for its immediate area, featuring 1,200 sqft of living area—which ranks in the top 11% on its street—along with a renovated basement. Built in 1973, it is a relatively newer home compared to many in Chalmers. The lot size is typical for the street but smaller than the citywide average. The home sold recently for $210,000, a price point significantly below the Winnipeg average, highlighting its value within its specific market.
This property would suit first-time buyers or practical investors seeking a move-in-ready home with modernized basics in a established neighbourhood. It’s also a sensible choice for those who prioritize more interior square footage over a large yard, and for buyers focused on finding value below the city's median price point.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
The living area is a standout feature, being larger than most comparable homes on Allan Street and in the broader Chalmers area. However, the land area is fairly typical for the neighbourhood.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finishes, permits, and whether it includes a separate entrance or additional bedrooms.
3. Is the assessed value a good indicator of the sale price?
The sale price of $210k is substantially higher than the $20,400 assessed value, which is not uncommon. The assessed value is used for property tax calculations and often lags behind market value, especially after recent renovations and sales.
4. What are the implications of having no garage?
The property has no garage, which is common for many older Winnipeg neighbourhoods. Buyers should consider the on-street parking situation, the potential to add a shed or covered parking, and winter vehicle maintenance.
5. How does the year built (1973) affect this home?
Built in 1973, this home is newer than many in Chalmers, potentially meaning updates to major systems like electrical or plumbing may be more recent. However, it is now over 50 years old, so a thorough inspection of the roof, windows, and original components is advisable.