Property Overview: 303 Johnson Avenue W
Key Characteristics & Buyer Appeal
This 1988 bi-level home at 303 Johnson Avenue W in Winnipeg's Chalmers neighbourhood presents a specific, value-oriented opportunity. Its key appeal lies in its modern age relative to the area—it's newer than over 90% of homes on its street and in Chalmers—paired with a renovated basement. The living space is compact at 684 sq ft, which is below average for the city, but the property sits on a modest 2,786 sq ft lot. There is no garage or pool.
This property would best suit first-time buyers, downsizers, or investors seeking a modernized, low-maintenance footprint in an established neighbourhood. Its below-average citywide assessed value suggests a potentially accessible entry point. A thoughtful perspective for buyers is to weigh the benefits of a newer building (like potentially fewer major repairs) against the smaller interior size, making the renovated basement a crucial functional space. It’s a home for those who prioritize efficient, updated living over square footage.
Frequently Asked Questions
1. Is the home small compared to others in the area?
Yes. The living area is below average for Johnson Avenue W, Chalmers, and Winnipeg overall. However, the home is significantly newer than most in the immediate vicinity.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the full usable living space.
3. How does the assessed value relate to the last sale price?
The home was last sold in May 2016 for $210,000. Its current assessed value is $22,500. It's important to note that assessed value is for municipal tax purposes and does not determine market value; a professional appraisal or market analysis is needed for current worth.
4. What are the implications of having no garage?
Parking will be limited to driveway or street. This is a common feature in the area but is a practical consideration for vehicle storage, security, and winter conditions.
5. The lot size seems small. Is there outdoor space?
At 2,786 sq ft, the lot is below average for the city but relatively typical for the local Chalmers area. It provides a manageable yard space for gardening or relaxing without extensive upkeep.