Property Overview & Key Characteristics
This one-and-three-quarter storey home on Harbison Avenue W in Chalmers presents a practical opportunity. Built in 1914, its key appeal lies in its efficient use of space and recent updates. With 1,080 sqft of living area, the home is notably larger than many comparable houses on its street and in the neighbourhood, offering more interior room than you might expect from the exterior. A significant feature is the renovated basement, which adds functional living space. The property includes a detached garage but no pool.
Its lot size of 2,238 sqft is compact, especially when viewed city-wide, which translates to lower maintenance. The home last sold in January 2023 for $220,000, and its assessed value is consistent with others in the immediate area. This property would suit first-time buyers, downsizers, or practical investors looking for a character home with modernized essentials in a no-frills, established neighbourhood. Its above-average living space for the area is a smart perk for those prioritizing interior square footage over a large yard.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing specifies a renovated basement but does not indicate it is a legal secondary suite. Buyers should verify its permitted use with the city.
2. How does the compact lot size affect the property?
The lot is smaller than the Winnipeg average, which generally means less yard upkeep. However, it also limits potential for expansions or large outdoor amenities.
3. The home sold recently in 2023. What does this suggest?
The quick resale could indicate an investor flip or a change in the owner's circumstances. It underscores the importance of a thorough inspection to understand the quality and scope of the renovations completed during that ownership period.
4. What does "one-and-three-quarter storey" mean for the layout?
This style typically features a main floor and a second floor where the ceilings slope with the roofline, often creating cozy bedrooms with limited full-height wall space. It's a classic design for homes of this era.
5. The assessed value is significantly lower than the 2023 sale price. Why?
Municipal assessed value for tax purposes is not a direct marker of market value and often lags behind current sale prices. The sale price is a more accurate reflection of the home's recent market worth.