Property Overview
This two-storey home on Harbison Avenue W in Chalmers presents a distinct profile. Built in 1913, its key characteristic is a well-proportioned living space of 1,232 sqft, which is notably larger than many comparable homes on its street and in the immediate neighbourhood. The home sits on a standard-sized lot and features a renovated basement. Its assessed value is modest, positioning it well below the Winnipeg city average.
The appeal lies in its efficient use of space within a historic framework, offering more interior room than one might expect from the exterior or the assessed value. It suits a pragmatic buyer looking for a character home without a premium price tag, potentially including first-time homeowners or investors seeking a manageable property with updated fundamentals (like the basement) already addressed. It’s a property where value is measured more in interior square footage than in land size or modern amenities.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, moisture control, or legal compliance as a suite are not provided. This would be a key area for inspection and inquiry.
2. How does the low assessed value impact property taxes?
A lower assessed value typically results in lower municipal property taxes, which is a financial advantage. However, buyers should verify the most recent tax amount and understand that a sale price above the assessed value can lead to a future reassessment.
3. The home is over 110 years old. What should I be mindful of?
While the renovated basement is a plus, a home of this age requires careful attention to its original systems. The condition of the foundation, plumbing, electrical wiring, and the roof should be top priorities for a professional inspection.
4. The lot is described as "around average" for the street. Is there room for expansion?
With a lot size of 2,724 sqft, outdoor space is functional but not expansive. Significant additions or a large detached garage may not be feasible, so the property is better suited for those content with its existing footprint and a standard yard.
5. Why is the living area so much larger than neighbourhood averages?
This is a notable feature of this home. It suggests the layout may be efficient for its era, or that past modifications (like a rear addition or finished attic space) have increased the habitable area. Verifying the layout and any unpermitted changes against official records would be prudent.