Property Overview: 427 Desalaberry Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1954, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its key appeal lies in its above-average positioning within the immediate area. The lot size (4,587 sqft) is generous for the neighbourhood, ranking in the top 15%, offering more outdoor space than most local comparables. The living area (1,311 sqft) is also notably larger than the Chalmers average, providing comfortable interior space.
The home features a renovated basement and a detached garage. Its assessed value is modest relative to the wider city, suggesting a potentially accessible entry point into the market. This property would suit first-time buyers or practical investors looking for a home with a solid footprint in a established neighbourhood, where the value is derived more from the land and living space than from high-end finishes or a new build. A thoughtful perspective is that while the home may be average or below on its specific street, it stands out favourably within the broader community context, offering a relative value within Chalmers.
Section 2: Frequently Asked Questions
1. How does this property compare to others in the area?
The data shows this home has a larger-than-average lot and living area for the Chalmers neighbourhood, though it is more typical when compared only to others on Desalaberry Avenue. Its assessed value is above the neighbourhood average.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify with the selling agent to understand if it's a finished living space, a modernized utility area, or has secondary suites.
3. Is the detached garage a standard size?
The listing notes a detached garage but does not provide dimensions. Given the above-average lot size, there is likely adequate space for parking and storage, but verifying the garage's specific size and condition is recommended.
4. Why is the city-wide assessed value comparison so different?
The assessed value is below the Winnipeg city-wide average because that average includes many newer, larger, or more expensive homes in different market segments. The more relevant comparison is the local Chalmers average, where this property's assessment is higher.
5. What is the significance of the 2019 sale price?
The home sold for $230,000 in July 2019. This provides a historical benchmark, but market conditions have likely changed. This figure is most useful for understanding past appreciation rather than determining current value.