Property Overview: 239 Martin Avenue W
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1914, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in its efficient use of space and relative value. With 1,078 square feet of living area, the home is notably larger than many comparable houses on its street and in the immediate area, offering more interior room than about 73% of similar local properties. It sits on a standard city lot of 2,744 sqft. A key updated feature is the renovated basement, adding functional living space, and the property includes a detached garage.
The home suits first-time buyers, value-conscious investors, or downsizers looking for a manageable footprint without feeling cramped. Its assessed value is consistent with the local market, and the 2017 sale price suggests a historically accessible entry point. A thoughtful perspective is that while the lot size is average for the area, it is significantly smaller than the citywide average, which translates to less yard maintenance—a potential plus for some buyers. The home’s age (112 years) is typical for the street, indicating a character neighbourhood but also implying that future updates should be anticipated as part of responsible ownership.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
The living area is a standout feature, ranking in the top 30% for size both on Martin Avenue W and within the Chalmers neighbourhood, meaning it offers more interior space than most direct comparables.
2. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but the specific scope, quality, and permits for this work should be verified through a home inspection and by requesting any available documentation from the seller.
3. Is the assessed value a reliable indicator of the likely sale price?
The assessed value ($20,900) is aligned with local averages, but it is a municipal tool for calculating property tax, not a market appraisal. Sale prices are determined by current market conditions, so recent comparable sales in Chalmers should be reviewed for a more accurate estimate.
4. What are the implications of the home being built in 1914?
This is a century-old home, which is common for the street. Buyers should budget for and prioritize inspections focusing on foundational integrity, wiring, plumbing, and insulation, which may not meet modern standards unless specifically updated.
5. How does the lot size impact potential for expansion or outdoor use?
At 2,744 sqft, the lot is average for the area but below the Winnipeg average. This provides a manageable yard but may limit possibilities for large additions, pools, or extensive landscaping compared to homes on larger lots elsewhere in the city.