Property Overview
183 Mighton Avenue is a classic one-and-three-quarter storey home in Winnipeg's Chalmers neighbourhood, built in 1912. Its appeal lies in a combination of established character, above-average space, and a land footprint that offers future potential. The home sits on a 3,191 sqft lot, which is notably larger than most in the immediate area (top 84% on its street) and across Winnipeg (top 15%). With 1,152 sqft of living space, it also provides more room than the majority of nearby homes. While it retains an unrenovated basement and lacks a garage, its assessed value positions it well within its market. This property would suit a buyer looking for a character home with room to grow, whether that means gradual updates, garden space, or future expansion. It's a practical choice for a first-time buyer willing to take on a project, or an investor seeking a solid asset in a mature neighbourhood with proven value stability.
Key Questions & Considerations
1. What does "one-and-three-quarter storey" mean for this home?
This style typically features a full main floor and a second floor where the roofline slopes into the walls, creating cozy, character-filled bedrooms with potentially reduced ceiling height at the edges. It's a charming, classic Winnipeg design.
2. How significant is the lot size here?
Very. The lot is substantially larger than average for the area. This isn't just about yard space; it translates to better natural light, more privacy from neighbours, and greater flexibility for future landscaping, additions, or parking solutions.
3. The assessed value seems low. What does that indicate?
Municipal assessed value for taxation is not market value. A lower assessment can sometimes mean lower property taxes relative to similar-sized homes, but the sale price will be determined by current market conditions. The nearby comparable listings provide a clearer picture of market value.
4. What should I expect with an unrenovated basement?
This means the basement is in original or functional condition, not updated. It presents both a cost consideration for any desired improvements and an opportunity to customize the space to your needs, subject to moisture checks and building codes.
5. The home is older—what are the less obvious pros and cons?
Beyond character, older homes in established neighbourhoods often have mature trees and settled foundations. Considerations include the potential for outdated wiring or plumbing needing updates, and the energy efficiency of original windows, which should be factored into renovation planning and budgets.