Property Overview
This two-storey home at 319 Chalmers Avenue stands out for its relative newness and generous proportions within its established Winnipeg neighbourhood. Built in 2019, it is a modern residence in an area predominantly composed of century-old homes. With 1,860 sqft of living space, it offers significantly more room than most local comparables. The property sits on a 4,176 sqft lot and includes a detached garage and an unfinished basement. Its appeal lies in offering the space and modern efficiencies of a newer build, while being situated in a mature, character-filled community. This home would suit a buyer looking to avoid the maintenance concerns of an older house but who values an established neighbourhood feel over a new suburban subdivision. It’s also a practical choice for those needing more interior space than is typically available in the area without undertaking a major renovation.
Frequently Asked Questions
Is this a good investment for the area?
The assessed value is among the highest in the Chalmers neighbourhood, indicating it’s already valued significantly above the area norm. This suggests strong inherent value, but may also mean there is less immediate "below-market" upside compared to a fixer-upper.
What does the "unfinished basement" entail?
The basement is described as "not renovated," meaning it is likely a blank canvas with concrete floors and walls, ready for future development. This adds potential value for a buyer willing to finish it to their own specifications.
How does the sale history affect value?
It last sold in June 2020 for $40,500. The current assessed value is $47,200. This increase reflects market movement and the home’s relatively new condition, but a buyer should investigate recent comparable sales for the most current market pricing.
What are the less obvious considerations?
While the home itself is new, the surrounding infrastructure and mature trees are those of an older neighbourhood. This can mean beautiful, established streetscapes but also potential for older municipal services. Also, as a newer build on a street of much older homes, its architectural style and lot use may differ from its neighbours.
Who are the typical buyers in this area?
Chalmers attracts a mix of long-time residents, families, and investors. This particular property, given its size and modern build, would likely appeal most to owner-occupants—perhaps young families or professionals—seeking a move-in ready home with more space and less immediate upkeep.