Property Overview: 183 Chalmers Avenue
Key Characteristics & Appeal
This is a modest, century-old home (built 1906) on a standard city lot in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in its position as an affordable entry point into the housing market, with a recent sale price of $18,100. The 1,048 sqft living space is actually above average for similar homes on its street, offering a practical footprint. The lot size is typical for the immediate area but is notably smaller than the Winnipeg city-wide average, emphasizing its urban, neighbourhood setting.
The property suits buyers with a specific vision. It is a clear candidate for a land play, where the existing structure holds minimal value and the potential lies in future redevelopment. Alternatively, it could appeal to a hands-on buyer or investor looking for a foundational project—someone prepared for the systems updates and renovations expected in a 120-year-old home. Its very low assessed value suggests significant functional or cosmetic obsolescence, making it unsuitable for those seeking a turn-key or mortgage-financed purchase. This is a cash-based, opportunity-driven property.
Frequently Asked Questions
1. Why is the sale price so much lower than typical Winnipeg homes?
The price reflects the property's age, condition, and likely need for major updates. The assessed value is also very low, indicating it is not currently in modern, move-in condition.
2. What does "One & 3/4 Storey" mean for the building type?
This typically describes a home with a full main floor and a second floor where the roofline slopes into the rooms, creating some rooms with full-height ceilings and others with sloped or knee walls. It's a common historic style that can offer character but may have unique spatial layouts.
3. Is the basement finished?
No. The listing specifies the basement exists but is "not renovated."
4. How does the lot size compare to others?
At 3,451 sqft, the lot is around average for the Chalmers neighbourhood but is below the city-wide average. This suggests a more traditional, compact urban lot rather than a sprawling property.
5. What are the immediate next steps for a potential buyer?
Given the age and price point, a thorough professional inspection is essential to understand the condition of the foundation, roof, wiring, and plumbing. Potential buyers should also investigate zoning bylaws to confirm possibilities for renovation or future redevelopment.