Property Overview
This one-storey home on Bowman Avenue presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its key appeal lies in a renovated basement and a detached garage, adding functional space to the 860 sqft main floor. Built in 1913, the home sits on a 3,334 sqft lot that is notably larger than many others on its street, offering valuable outdoor space for its context.
The property suits first-time buyers or investors looking for an entry point with immediate livability due to the updated basement. It also appeals to those who prioritize a larger lot in a mature neighbourhood over a larger house, and who value the flexibility of a detached garage for parking, storage, or a workshop. The home’s assessed and recent sale values consistently position it as an average offering within its immediate area, suggesting a straightforward, market-priced proposition rather than a fixer-upper or a premium listing.
Frequently Asked Questions
1. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, materials used, and whether it includes a legal secondary suite or simply finished living space.
2. How does the lot size compare?
The 3,334 sqft lot is above average for Bowman Avenue, ranking in the top 29% on the street. This is a relative strength for the property, providing more yard space than many of its direct neighbours.
3. Is the property typical for Winnipeg?
In a city-wide context, the home is below average in living area, lot size, and value metrics compared to the Winnipeg average. This highlights its position as a modest, character-home option in a specific neighbourhood, not a direct competitor to newer suburban builds.
4. What is the market activity like for this home?
It sold previously in 2017 and again in 2022, indicating steady turnover. The price increase between those sales was modest, which may reflect stable, incremental growth in line with the area's norms.
5. What are the implications of the 1913 build date?
While the home has been maintained, a building of this age will likely have older components. Prospective buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, and consider the character and layout typical of early 20th-century construction.