Property Overview & Key Characteristics
352 Ottawa Avenue is a compact, one-storey home built in 1930, situated on a standard-sized lot in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in its renovated basement and detached garage, offering functional space beyond its modest 616 sqft main floor. The home's assessed and recent sale values are notably below the citywide average, positioning it as an accessible entry point into the market.
This property would best suit a first-time buyer, an investor, or someone seeking a minimalist footprint. Its below-average operating costs and manageable scale are clear practical advantages. A less obvious perspective is its potential for those interested in "right-sizing"; the small living area encourages an efficient, clutter-free lifestyle. Additionally, the renovated basement provides crucial flexible space—for a home office, hobby room, or extra storage—that the main floor lacks, effectively doubling the home's usable area. The detached garage also offers workshop potential or secure parking, adding value not fully captured by the living area square footage alone.
Frequently Asked Questions
1. Is the living area too small?
At 616 sqft, the main floor is compact, significantly below averages for the street, neighbourhood, and city. However, the renovated basement provides additional finished space, making the overall usable area more practical for one or two people.
2. How does the value compare?
The home's assessed value ($23.5k) and last sale price ($24.9k in 2022) are well below Winnipeg's citywide average. For Chalmers and Ottawa Avenue specifically, these values are around the neighbourhood average, indicating a typical price point for this area.
3. What is the land like?
The lot is approximately 3,002 sqft, which is typical for both Ottawa Avenue and the broader Chalmers area. It provides a standard urban yard space but is smaller than the much larger average lot size citywide.
4. What should I know about the age of the home?
Built in 1930, the home is older than the Winnipeg average but is typical for its immediate area. Buyers should factor in potential maintenance common to houses of this era, though the renovated basement suggests some updates have been made.
5. Who are the neighbours?
The property is on a well-established street with homes of similar vintage and value. Nearby listings on Ottawa Avenue show a mix of assessed values and sizes, indicating a varied but generally consistent streetscape of older, modest homes.