Property Overview & Key Characteristics
This one-and-a-half storey home, built in 1922, is a classic Winnipeg character property situated on a standard-sized lot in Chalmers. Its primary appeal lies in its generous living space—at 1,171 sqft, it is notably larger than many comparable homes on its street and in the immediate area. The home features a detached garage and an unrenovated basement, presenting a straightforward canvas. Its assessed value is modest relative to the wider city, but it sits above average for the neighbourhood, suggesting a solid foothold in a stable community.
This property would suit a practical buyer who values space over turn-key condition. It’s ideal for a first-time homeowner comfortable with gradual updates, or an investor looking for a character home with rental potential. The numbers indicate you are paying primarily for the structure and location rather than premium land size. A thoughtful perspective is that while the home feels spacious inside for the area, its lot is average locally but small by city-wide standards, focusing the value on the building itself.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,171 sqft, the living area is significantly above the average for both Washington Avenue and the Chalmers neighbourhood, offering more interior space than most direct comparables.
2. What is the significance of the lot size?
The 3,001 sqft lot is around average for the street and neighbourhood but is below the city-wide average. This suggests a typical urban yard for the area, not an expansive plot.
3. Has the property value been stable?
Recent sale history shows a gradual increase from $210k in 2017 to $230k in 2023. Its assessed value remains modest and is above average for Chalmers, indicating steady, incremental growth in line with the local market.
4. What should I know about the basement?
The listing specifies the basement exists but is "not renovated." Buyers should budget for potential updates and investigate its current condition and suitability for their storage or development needs.
5. Who are the typical neighbours in terms of property?
Homes on Washington Avenue are generally of a similar vintage (early-to-mid 1900s) and scale. The property ranks around average for year built and land size on the street, fitting seamlessly into the streetscape of established character homes.