Property Overview: 228 Harbison Avenue W
Key Characteristics & Appeal
This is a compact, one-storey home built in 1952, situated on a standard-sized lot in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in being a modest, entry-level property with a renovated basement, offering a straightforward footprint for downsizers, first-time buyers, or investors. The home is notably smaller in living area (624 sqft) than most in the city, which translates to lower maintenance and utility costs. Its assessed value is very modest compared to the Winnipeg average, indicating an accessible price point.
The property suits practical buyers looking for affordability and simplicity over space. It would appeal to someone seeking a manageable home without complex upkeep, or an investor looking for a rental property with a recent basement renovation. A less obvious perspective is its relative modernity for the area—built in 1952, it is newer than many neighbouring homes, potentially meaning fewer concerns associated with very old construction. The lot size is average for the street, offering balanced outdoor space without being overwhelming.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
The living area is significantly smaller than most homes on the same street and in the broader Chalmers area, placing it in the bottom 5-8% for size locally. This emphasizes its role as a compact, efficient property.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the quality of the renovation, its compliance with codes, and whether it adds legal living space.
3. Is the assessed value a good indicator of the sale price?
The home last sold for $18,500 in late 2022, close to its current assessed value of $20,300. This suggests a stable, low-value property where the assessment is a relevant benchmark, but market conditions will ultimately determine the sale price.
4. Who might this property not suit?
It would not suit buyers needing multiple bedrooms, dedicated home office space, or those who entertain large groups indoors. The limited living area requires a minimalist lifestyle or a willingness to utilize the basement renovation for additional space.
5. What is the context of the lot size?
At just over 3,000 sqft, the lot is average for Chalmers and Harbison Avenue W. It provides typical yard space for the area but is below the much larger citywide average, reflecting the neighbourhood's established, mid-density character.