Property Overview
This 1923 one-storey home at 294 Chalmers Avenue presents a compact, renovated character home on a standard city lot. Its key appeal lies in its balance of historic charm and modern practicality, featuring a renovated basement that adds functional space to the 828 sqft main floor. The lot size of 3,380 sqft is typical for the immediate street and Chalmers neighbourhood, offering manageable outdoor space without excessive upkeep.
The home suits first-time buyers or downsizers looking for an affordable, low-maintenance entry into a mature Winnipeg neighbourhood. Its below-average living area compared to the city makes it efficient and cost-effective to heat and maintain, a practical choice for those prioritizing simplicity. The 2020 sale price of $180k was below the Winnipeg average, suggesting a value-oriented opportunity in a neighbourhood where property values are generally stable and around the area average. A thoughtful perspective is that while the home ranks below average in size city-wide, it aligns closely with the neighbourhood's typical offerings, representing a classic, no-frills Winnipeg housing stock rather than an outlier.
Frequently Asked Questions
Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its permitted use with the city if considering rental income.
How does the assessed value relate to market price?
The assessed value is for taxation purposes and is significantly lower than market value. The 2020 sale at $180k is a more current indicator, though market conditions have likely changed since.
What does "below average" for land area on the street mean?
The lot is smaller than many on Chalmers Avenue itself, but is very close to the average for the broader Chalmers neighbourhood. This means you get a typical neighbourhood yard, but your immediate street has some larger properties.
Is a home from 1923 a concern?
While the home is over 100 years old, its assessed value is around the neighbourhood average, suggesting it is not considered disproportionately outdated. A thorough inspection is crucial to understand the condition of original elements like wiring and plumbing alongside the renovations.
Who maintains the frontage if there's no garage?
Without a garage, driveway maintenance (like snow clearing) would be the homeowner's responsibility. The property appears to have only street parking, which is common for older homes in the area.