Property Overview & Key Characteristics
This one-and-a-half storey home, built in 1946, sits on a standard-sized lot in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in its efficient use of space and its position as a solid, unrenovated canvas. With 1,012 sqft of living area, the house is notably spacious for its street and local area, offering more room than many comparable homes nearby. It features a detached garage and a basement that is present but not renovated.
The property suits practical buyers looking for a straightforward home in a mature neighbourhood. It’s ideal for a first-time buyer comfortable with a home that may need updates over time, or an investor seeking a property with a stable assessment history and functional layout. A thoughtful perspective is that while the lot size is modest for the city overall, it is manageable and typical for the area, reducing yard maintenance without sacrificing outdoor space. Its above-average living area for the immediate vicinity means you get more interior space than the neighbours, which is a smart value point in an older home.
Frequently Asked Questions
1. What does "above average living area for the street" actually mean?
Compared to other homes on Munroe Avenue, this house has more interior square footage than roughly 70% of them. This means you're likely getting a more spacious floor plan than the immediate houses around you.
2. Is the basement usable, and what does "not renovated" imply?
The basement exists and is included, but it has not been modernized or finished to contemporary standards. It likely serves as basic utility and storage space, with the potential for future development.
3. How does the assessed value compare to the last sale price?
The home was last sold in 2016 for $240,000. Its current assessed value is $26,100. It's important to consult a real estate professional for a current market valuation, as assessed value for tax purposes is often significantly different from market value.
4. What is the neighbourhood context for this property?
In the broader Chalmers neighbourhood, this home's assessed value is above average (ranking in the top 18%), suggesting it is viewed favorably compared to many area properties. However, its lot size and year built are fairly typical for this specific community.
5. Who might this property not suit?
It may not suit buyers seeking a move-in-ready home with modern finishes, or those specifically wanting a large yard, a renovated basement, or an attached garage. It's a home that offers potential rather than immediate turn-key convenience.