Property Overview: 441 Tweed Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1907, presents a classic character property on a generously sized lot in the Chalmers neighbourhood. Its key appeal lies in the combination of a larger-than-average land parcel (4,410 sqft) for the immediate area and a solid, functional living space (1,050 sqft). While the basement is noted as unrenovated and the home itself is notably older than most in the city, it holds a strong assessed value relative to its direct neighbours, suggesting a well-regarded position on the street.
This property would suit a practical buyer who values space and potential over turn-key finishes. It's ideal for someone looking for a starter home with room to grow outdoors, or for an investor seeking a character home with a stable assessment history. The detached garage adds functional value. A thoughtful perspective for this home is to see it as a "blank canvas on a foundation of good bones"—its above-average lot size and street-level assessment are strong assets, while the interior offers the freedom to renovate to personal taste over time.
Frequently Asked Questions
1. What does the assessed value tell us about this property?
At $23,300, the assessment is above average for Tweed Avenue itself, indicating the property is considered valuable within its immediate context. However, it is below the city-wide average, which is typical for older, character homes in established neighbourhoods compared to newer developments.
2. How does the lot size compare?
The 4,410 sqft lot is a standout feature. It ranks in the top 27% on its own street and the top 18% within the Chalmers neighbourhood, offering more outdoor space than many comparable properties.
3. The home was built in 1907. What should I consider?
Its age places it well below the average for the city. Buyers should prioritize a thorough inspection to understand the condition of major structural and mechanical systems. While it offers classic charm, it may require updates or maintenance that newer homes would not.
4. How does the last sale price relate to the current assessment?
The home sold for $190,000 in January 2017. This sale price was around the average for the neighbourhood at that time but below the Winnipeg city-wide average, a pattern consistent with the current assessment data.
5. What is the neighbourhood context for this home?
Located on Tweed Avenue in Chalmers, the data shows the home's characteristics—like lot size and assessed value—often compare more favorably within its local street and neighbourhood than against the broader Winnipeg market. This suggests a well-established, stable micro-area.