Property Overview
459 Ottawa Avenue is a well-situated bi-level home in Winnipeg's Chalmers neighbourhood. Built in 2006, it is a notably modern property compared to most in its immediate area, where the average home is decades older. The home features a renovated basement and a detached garage on a standard 3,062 sqft lot. With 908 sqft of living space, it offers a compact, efficient layout. Its recent sale in July 2022 for $370,000 provides a clear, contemporary benchmark for value.
Key Characteristics & Appeal
This home’s primary appeal lies in its relative newness within an established community. Buyers gain a contemporary build (with modern wiring, insulation, and systems) without sacrificing the mature streetscape and lot size typical of the area. The renovated basement adds functional living space. Its strong assessed value relative to neighbouring homes suggests it is viewed as a premium property on its street.
It would suit first-time buyers or downsizers looking for a low-maintenance, move-in-ready home without the footprint of a larger property. It’s also a pragmatic choice for investors or owner-occupants who value modern mechanical systems and a recent renovation history over ornate character details. A less obvious perspective is its appeal to data-conscious buyers: the metrics show it consistently ranks in the top tier of its immediate vicinity for year built and value, offering a modern asset in a classic neighbourhood.
Frequently Asked Questions
1. How does the home’s size compare to the area?
At 908 sqft, the living area is very close to the average for both Ottawa Avenue and the wider Chalmers area, making it a typical-sized home for the community. City-wide, it is more compact than average.
2. What does the assessed value indicate?
The $31,100 assessed value is elite for the street and above average for Chalmers, indicating the municipality views this as a higher-value property compared to its direct peers, likely due to its newer construction and renovations.
3. Is the lot size a pro or a con?
The 3,062 sqft lot is standard for the area—neither unusually large nor small. It provides adequate outdoor space for gardening or recreation without the extensive upkeep of a much larger yard.
4. Who might this property not suit?
It may not suit buyers seeking a large, character-filled heritage home, as its 2006 construction offers modern efficiency over period charm. Those needing extensive room for a growing family may find the bi-level layout and square footage limiting.
5. What is significant about the 2022 sale price?
The $370,000 sale price, well above the assessed value, provides a very recent and transparent market valuation. This is a solid data point for understanding current value in the context of its elite standing on the street.