Property Overview: 191 Johnson Avenue W, Winnipeg
Key Characteristics & Appeal
This is a compact, modern bungalow built in 2015, offering a low-maintenance lifestyle on a standard city lot in the Chalmers neighbourhood. Its primary appeal lies in its contemporary construction, which stands out in an area with many older homes. The home features a renovated basement, adding valuable finished space to the 874 sqft main floor. While the living area is modest compared to the citywide average, it is typical for the immediate area and represents an efficient, manageable footprint.
The property’s standout metrics are its newness and its assessed value relative to the neighbourhood. It ranks in the top 5% of Chalmers for year built and in the top 5% for assessed value, suggesting it is perceived as a higher-quality asset within its local market. This combination suits first-time buyers, downsizers, or investors seeking a modern, turn-key property without the upkeep of an older home. It’s a practical choice for those who prioritize newer mechanical systems and building materials over square footage. A less obvious perspective is that the below-average land size (2,871 sqft) could be a benefit for buyers who want a yard but don’t want the burden of extensive landscaping or maintenance.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should inquire about the quality of the renovation, whether it includes a legal secondary suite or additional bedrooms, and if proper permits were obtained.
2. Why is the assessed value so high for the neighbourhood?
The assessed value ranks in the elite tier for Chalmers, which is directly tied to the home's modern build year (2015). Assessors likely value its newer components and condition significantly above the neighbourhood's older housing stock average.
3. Is there parking or a garage?
The listing specifies there is no garage. Buyers should verify on-site parking options, such as a driveway or street permit requirements.
4. How does the recent sale price compare to the assessment?
The home sold for $32,500 in January 2023, which was slightly above its $31,500 assessed value at the time. This indicates the market price was closely aligned with its municipal valuation.
5. What is the community like in Chalmers?
As a 2015 build, this home is a newer addition to an established neighbourhood. Prospective buyers may want to research the mix of older and newer homes on the street, and explore local amenities to gauge the community feel, which can differ from newer suburban subdivisions.