Property Summary: 224 Johnson Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, renovated bi-level home built in 2009, offering a low-maintenance living option in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in its contemporary foundation compared to much of the local housing stock, as it is newer than approximately 94% of homes in the immediate area. The home features a renovated basement, adding to its usable space within a compact 770 sqft main living area.
The property suits first-time buyers, downsizers, or investors seeking a modernized, entry-level home without the concerns of an aging structure. Its lot size is modest for the street but typical for the neighbourhood, suggesting a manageable outdoor space. A thoughtful perspective is that while the living space is compact, the recent build year likely translates to better energy efficiency and fewer major system repairs in the near term compared to century-old neighbours. The assessed value is strong for Chalmers, indicating it is viewed as an above-average property within the community, though it sits below the city-wide average—a reflection of its size and neighbourhood pricing.
Section 2: Frequently Asked Questions
1. Is there parking or a garage?
No, the property listing indicates there is no garage. Buyers should investigate on-street parking regulations and typical availability.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. A buyer's inspection and inquiry with the seller would determine if it’s a finished living space, a modernized utility area, or something else.
3. How does the lot size impact potential for expansion?
With a land area of 2,874 sqft, the lot is smaller than many on its street. This may limit possibilities for large additions, decks, or pools, but is consistent with many lots in the broader Chalmers area.
4. The sale price in 2021 was higher than the current assessed value. Why?
Assessed value for property tax purposes often differs from market value. The 2021 sale price reflects the market at that time, while the assessment is an administrative valuation. Market conditions and specific property updates can create a gap.
5. What are the advantages of a bi-level design in this context?
For a compact living area, a bi-level can efficiently separate sleeping and living zones. The renovated basement also likely adds functional space, making the home feel larger than its main floor square footage suggests.