Property Overview: 324 Harbison Avenue W, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2022, is a notably modern property within the established Chalmers neighbourhood. Its primary appeal lies in its rarity as a new construction, ranking in the top 1% for year built both on its street and in the wider area. With 1,174 sqft of living space, it offers comfortable, contemporary living and is significantly larger than many nearby homes. The lot size of 2,214 sqft is modest, particularly when compared to the city-wide average, which suggests a lower-maintenance yard—a potential benefit for some buyers.
The property suits first-time homeowners or downsizers seeking a modern, move-in-ready home without the upkeep of an older property or a large garden. Its above-average assessed value for the immediate area indicates it is perceived as a premium offering in this location. A thoughtful perspective is that this home represents a blend of new-build convenience within a mature community, offering modern efficiencies while still being part of a settled streetscape. The unrenovated basement presents a clean slate for future expansion or storage.
Frequently Asked Questions
1. What does "elite" or "top percentile" ranking mean for this home?
These rankings compare the home to specific groups of properties. For example, its 2022 build date is newer than 99% of homes on its street, making it a rare new construction in the area. Its living space is larger than about 88% of neighbouring homes, but closer to the city-wide average.
2. Is the lot size a disadvantage?
It depends on your priorities. The land area is smaller than most in Winnipeg, which means less yard maintenance. For buyers seeking a low-maintenance outdoor space or who prioritize interior living area over a large garden, this can be a practical advantage.
3. Why is the assessed value significantly higher than nearby homes?
The assessed value reflects the home's new condition, modern construction standards, and larger living area compared to its immediate neighbours, many of which are decades older. It's assessed as a premium property within its local context.
4. What is the condition of the basement?
The listing notes the basement exists but is "not renovated." This means it is unfinished, providing usable storage or utility space but requiring investment to convert into living area.
5. How does the recent sale price compare to the assessment?
The home sold for $32,900 in January 2023. This was well above the average for the street and neighbourhood at that time, confirming its market position as a higher-value, modern property in the area.