Property Overview
This one-and-a-half storey home at 334 Ottawa Avenue in Winnipeg's Chalmers neighbourhood presents a specific and compelling value proposition. Built in 1948, its primary appeal lies in its generous proportions relative to its immediate area. The 1,279 sqft living area is notably larger than most homes on its street and in the wider neighbourhood, offering more interior space than typically found in this market segment. It sits on a 4,203 sqft lot, which is also above average for the locale. The property features a detached garage and a basement that exists but is unrenovated.
The home suits practical buyers looking for space and land in a mature neighbourhood without a premium price tag. It’s ideal for someone comfortable with a home of this era that may require updates, or for an investor seeking a property with solid fundamentals. A thoughtful perspective is that this property represents a "larger canvas" in a context of generally smaller, older homes, offering rare potential for renovation and expansion where many neighbouring lots might not.
Frequently Asked Questions
1. What does the assessed value indicate?
The assessed value is significantly below the Winnipeg city average, but is typical for the Chalmers neighbourhood and Ottawa Avenue street. This reflects the area's market conditions rather than the property's specific condition.
2. How does the living space compare?
The living area is a key strength. It ranks in the top 5% on its street and top 11% in Chalmers, meaning it offers substantially more interior space than most comparable nearby homes.
3. Is the lot size a good feature?
Yes. The lot is larger than average for both the street and the neighbourhood, providing more outdoor space and potential than many surrounding properties.
4. What should I know about the basement?
The listing confirms a basement exists but specifies it is "not renovated." Buyers should budget for potential moisture-proofing, finishing, or repairs, which is common for homes of this age.
5. How does the year built affect the property?
Built in 1948, the home is newer than many on its street and in Chalmers. While still requiring due diligence for systems like wiring and plumbing, it may have undergone fewer generations of alteration than some older neighbours.