Property Overview: 442 Nairn Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1947, sits on a generous 3,828 sqft lot in the Chalmers neighbourhood. With 1,032 sqft of living space, it offers a comfortable footprint. A key feature is its renovated basement, adding valuable finished space. The property does not include a garage or pool.
Its primary appeal lies in its land size and location. The lot is notably larger than the city-wide average, offering ample outdoor space for gardening, play, or expansion in a neighbourhood where this is above average. The home presents as a practical, no-frills opportunity. It suits first-time buyers or investors looking for a land-strong entry point into the market, or downsizers seeking a manageable home with a sizeable yard without a premium price tag. The renovated basement adds immediate functionality. A thoughtful perspective is that its below-average assessed value for the street may indicate an opportunity for value addition, while the older build year suggests buyers should be mindful of potential maintenance inherent to homes of this era.
Frequently Asked Questions
1. How does the lot size compare to others?
The 3,828 sqft lot is above average for the Chalmers neighbourhood, offering more outdoor space than most comparable local properties.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. Viewing the property or requesting details from the listing agent is necessary to understand the full scope of this update.
3. Is the assessed value a reliable guide for the sale price?
Not directly. This home sold for $217,000 in 2021, while its current assessed value is $220,000. Market conditions, property updates, and seller motivation will determine the final sale price.
4. What are the parking arrangements?
The listing specifies there is no garage. Parking is likely via a driveway or on-street, which should be confirmed during a viewing.
5. How does this home rank for its living space?
With 1,032 sqft, the living area is around the average size for both its street and the Chalmers neighbourhood, providing a standard amount of indoor space for the area.