Property Overview & Key Characteristics
This one-storey home at 377 Union Avenue W in Winnipeg's Chalmers neighbourhood is a compact, no-frills property centered on its land. Its primary appeal lies in being a relatively newer, low-maintenance structure on a manageable lot, with a recently renovated basement adding functional space. The detached garage offers practical storage or workshop potential.
The home’s living area (648 sq ft) is notably compact, even for its immediate area, making it one of the smaller homes on the street. This positions it as an efficient, easy-to-maintain footprint. The lot size (2,264 sq ft) is also below average for the city, but typical for the local area, offering a modest outdoor space without extensive upkeep. A key, less obvious strength is its year of build (1958); it is significantly newer than most neighbouring homes, which average from the early 1900s. This suggests a potentially more modern building envelope and systems compared to direct comparables. The assessed value is very modest and in line with the local market.
This property would suit a specific buyer: a first-time homebuyer or investor seeking an affordable entry point with a renovated basement for a suite or rental income. It would also appeal to someone looking to downsize into a minimalist, low-maintenance home without a large yard to manage. It is less suited for those needing substantial indoor living space or a large private yard.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify if it is a legal, secondary suite. This is a crucial point to verify with the seller and the city, as it impacts rental potential and insurance.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the local market in Chalmers and the property's compact size. It is in line with neighbouring homes, indicating it is priced for its location and characteristics, not as a city-wide comparison.
3. Given the small living area, what is the layout like?
With 648 sq ft above grade, the floor plan is likely very efficient. Understanding the room count and flow is essential to see if the space meets your needs, as square footage alone doesn't capture usability.
4. How does the 1958 build year compare to nearby homes?
This is a standout feature. While the home is small, it was built decades later than many surrounding properties (which average from ~1907-1912), which could mean updated foundational materials, wiring, or plumbing compared to much older homes.
5. What is the condition of the detached garage?
The garage is a valuable asset for storage or projects. Its size, construction, and condition (e.g., power, door opener, roof state) should be confirmed, as it adds significant utility to a property with limited indoor space.