Property Overview: 330 Martin Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1909, situated on a standard-sized lot in the Chalmers neighbourhood. Its key features include a renovated basement and a detached garage. The living space of 840 sq. ft. is typical for similar homes on its street and in the area, offering a manageable footprint. The home’s assessed value is notably below averages for the city, reflecting its age and size.
The primary appeal lies in its practicality and affordability. It represents a straightforward entry point into homeownership, with the renovated basement adding valuable flexible space. It would suit first-time buyers, downsizers, or investors seeking a lower-maintenance property with renovation potential. A thoughtful perspective is that its older construction date, while requiring due diligence, offers character and a lot size that is becoming rarer in new developments. Its "around average" metrics for the immediate area suggest it’s a stable, representative property in its local context, not an outlier.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, permits, and moisture control should be verified through a viewing and inspection.
2. How does the below-average assessed value affect property taxes?
A lower assessed value generally leads to lower municipal property taxes compared to higher-valued homes, which is a ongoing cost advantage for the buyer.
3. What should I consider with a home from 1909?
While charming, the age necessitates a focus during inspection on foundational integrity, wiring, plumbing, insulation, and window efficiency. The renovated basement should be checked for proper permits and workmanship.
4. Is the detached garage in good condition?
The garage's size, structural condition, electrical service, and suitability for your needs (vehicle storage, workshop, etc.) should be assessed separately, as its age likely matches the home.
5. How does the lot size compare?
At 2,399 sq. ft., the lot is smaller than the Winnipeg average but is typical for the Chalmers neighbourhood. This means lower outdoor maintenance but limited space for expansions or large landscaping projects.