Property Overview
This one-and-a-half storey home at 269 Larsen Avenue in Winnipeg's Chalmers neighbourhood presents a practical blend of space, history, and potential. Built in 1915, its key appeal lies in its generous living area of 1,386 sq ft, which is notably larger than most comparable homes on its street and in the immediate area. The home sits on a standard city lot and features a detached garage and a renovated basement. Its most recent sale was in 2017 for $200,000.
The property suits buyers looking for a character home with above-average interior space without a premium lot size. It would appeal to those who value a renovated basement for extra living or utility space and who are comfortable with the maintenance considerations of a century-old home. A thoughtful perspective is that while the living space is generous, the assessed value remains relatively modest for the city, suggesting it may represent a value proposition for space-seeking buyers in a neighbourhood context, rather than a land-value investment.
Frequently Asked Questions
What does the "renovated basement" likely include?
While specifics aren't listed, a renovated basement in a home of this era typically means it has been finished into a livable space, possibly with a recreation room, laundry area, and storage. It's important to verify the quality, permits, and moisture control of this renovation.
How does the 2017 sale price relate to today's value?
The $200,000 sale price from 2017 is a historical data point. Current value is influenced by market conditions, further updates to the property, and the official assessed value (listed as $22,900 for tax purposes), which is not a market price.
Are there any concerns with a house built in 1915?
Potentially. While charming, homes from this period may have outdated electrical, plumbing, or insulation unless they have been thoroughly updated. The roof, foundation, and windows should be carefully inspected for age-related issues.
Why is the living area considered "above average" but the lot is "below average" citywide?
This highlights a key feature: the home offers more interior space than many in its peer group, but it's on a standard urban lot. City-wide averages are skewed by newer suburbs with larger lots. This makes the property efficient for its footprint.
What is the significance of the detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the home's layout. However, it may be less convenient during Winnipeg winters compared to an attached garage.