Property Overview
This 1947-built, one-storey home at 435 William Newton Avenue presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its key appeal lies in a generous 5,738 sqft lot, which is well above average for both the immediate street and the broader area, offering valuable outdoor space and potential. The home itself is modest at 926 sqft of living space with a renovated basement and a detached garage. It last sold in 2017 for $180k, with a current assessed value significantly lower than the Winnipeg average, suggesting a potentially accessible entry point.
This property would suit a first-time buyer, an investor, or someone seeking a land-advantaged home. It's for those who prioritize lot size over a large interior and are comfortable with a home whose character is typical of its mid-century era. A thoughtful perspective is that while the living space is compact city-wide, it is quite standard for Chalmers, indicating the home fits its community context. The above-average lot size in an established neighbourhood could offer future flexibility, whether for gardening, expansion, or simply enjoying more private outdoor space than is commonly available.
Frequently Asked Questions
1. Is the lot size a significant advantage?
Yes. The lot is in the top 5% for the Chalmers neighbourhood, meaning you get substantially more land than most nearby properties. This is the home's standout feature.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent regarding the finish, permits, and intended use (e.g., living space, rental suite, or utility).
3. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. The 2017 sale at $180k is a more relevant, though dated, benchmark. A current market appraisal would be essential.
4. What is the neighbourhood character like?
Being on the same block as several homes built in the same era (1907-1947) suggests a stable, established streetscape with older, character homes. The data indicates property values on this street are relatively consistent.
5. Who might this property not suit?
It may not suit buyers looking for a large, modern interior or who prefer a move-in-ready home without future projects. The below-average living area city-wide and the home's age mean a focus on functional layout and potential updates.