213 Chalmers Avenue

Property Overview: 213 Chalmers Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1948, sits on a notably spacious lot in the Chalmers neighbourhood. Its key features include a renovated basement and a detached garage. The property’s primary appeal lies in its land value and location-specific standing. While its living space is modest and typical for the area, the lot size is well above average for both the street and the wider neighbourhood, offering potential for expansion, gardening, or simply more private outdoor space. The home has a strong, above-average assessed value within its immediate community, suggesting it is viewed as a solid asset in this context.

This property would suit a practical, value-oriented buyer. It’s ideal for someone looking for a starter home or a long-term hold in a mature neighbourhood, where the land itself is a significant component of the investment. It would also appeal to a buyer comfortable with a home of vintage character who may have future plans to update or enlarge the existing structure, leveraging the generous lot. The recent sale in July 2024 indicates a brisk market for well-positioned properties in the area.

Section 2: Frequently Asked Questions

1. What does the "above average" assessed value in the neighbourhood really mean?
It means that, compared to similar homes in Chalmers, this property is officially valued in the top 17%. This often reflects a combination of its larger lot, condition, and recent renovations like the basement, making it a higher-tier property within this specific area.

2. The living area is listed as below average city-wide. Is the house too small?
Not necessarily. The "below average" city-wide comparison includes many newer suburban homes. At 980 sqft, it is actually around the typical size for Chalmers Avenue and the Chalmers neighbourhood itself. It represents the scale of comfortable, post-war housing in established communities.

3. How significant is the lot size?
Very. At 4,388 sqft, the lot ranks in the top 20% for the neighbourhood. This is a key advantage, providing more yard space than many neighbouring properties and offering tangible future potential, whether for outdoor living or property improvement.

4. The home sold very recently (July 2024). Why is it back on the market?
This write-up is based on a historical snapshot from that sale. The detailed price and comparison data from that transaction are provided to give a clear, recent benchmark for the property’s market value. Always confirm the current listing status with your agent.

5. What are the less obvious considerations for a home of this era?
While the basement is renovated, a 1948 home will have systems (like plumbing, electrical, and the roof) that are aging or may have been updated piecemeal. A thorough inspection is crucial. Also, the home’s value is tightly linked to its neighbourhood’s stability; researching any area development plans would be wise.