Property Overview: 238 Martin Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1913, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in its efficient use of space and its position as a well-maintained, century-old property.
The home's key characteristic is its generous living area. At 1,208 square feet, it offers significantly more interior space than most comparable homes on its street and in the immediate area. This is complemented by a renovated basement, adding functional living or storage space. The lot, while smaller than area averages at 2,263 sqft, is manageable. Recent sale history and a current assessed value around $20k indicate a property positioned well below the citywide average, highlighting its accessibility.
This property would suit a pragmatic buyer—perhaps a first-time homeowner, an investor, or someone looking to downsize—who values character and space over a large yard. It’s for someone comfortable with a home whose history is part of its fabric, seeing the 1913 build date not as a drawback but as a mark of enduring quality. The appeal is grounded in getting more house for the money in a neighbourhood of peers, with recent renovations suggesting it has been cared for despite its age.
Section 2: Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for homes of this era. It typically means the second floor has full-height ceilings in the center of the house, with sloping eaves on the sides. It often provides cozy, character-filled bedrooms and efficient use of the upper space.
2. The assessed value seems very low compared to typical Winnipeg home prices. Why?
The assessed value is for taxation purposes and is not a market valuation. In this area, assessed values are consistently much lower than national average sale prices. The recent sale price of $23.6k (2021) is a better indicator of its market position within this specific neighbourhood context.
3. How does the smaller lot size impact living here?
The lot is below average for the city, but typical for the street. This means lower maintenance for gardening and yard work, which can be a benefit. It's important to view the outdoor space as a compact, manageable area rather than expecting a large backyard.
4. The home is over 110 years old. What should I consider?
While the renovated basement is a positive update, a home of this age will have vintage systems and materials. A thorough inspection is essential to understand the condition of the roof, foundation, wiring, and plumbing. Its longevity, however, also speaks to the solid construction of the era.
5. How does this home compare to its immediate neighbours?
The data shows it holds its own. It offers more living space than nearby reference properties at 257 and 222 Martin Ave, and its assessed value is in line with the area. It is a established part of a streetscape of similar, century-old homes.