Property Overview: 1064 Mccalman Avenue, East Elmwood
Key Characteristics & Appeal
This well-situated one-storey home in East Elmwood presents a practical and value-oriented opportunity. Its key appeal lies in a combination of generous outdoor space and a recently renovated basement, offering immediate livability and room to grow. With 903 sqft of living space, the house is comfortably sized for the neighbourhood and sits on a notably large lot of over 5,200 sqft—a standout feature that ranks in the top 10% for its immediate street. This expansive yard is a significant asset for gardening, recreation, or future expansion.
The home suits first-time buyers or downsizers seeking a manageable single-level layout without a major renovation project, thanks to the updated basement. It also appeals to value-conscious buyers who prioritize land size over a large interior footprint, seeing potential in the substantial lot. A thoughtful perspective is that, while the home’s assessed value is modest citywide, its metrics are consistently average or above for its specific community, suggesting it represents solid local value rather than a fixer-upper. The detached garage adds practical storage or workshop space, rounding out a profile of a straightforward, grounded property.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
At 903 sqft, the living area is very close to the average for both Mccalman Avenue and the wider East Elmwood neighbourhood, making it a typical, comfortable size for the area.
2. What is the significance of the large land area?
The lot of 5,206 sqft is substantially larger than many neighbouring properties, offering more private outdoor space. This is a key feature for those valuing yard size and potential.
3. Has the property been recently sold?
Yes, it was last sold in July 2022. The current listing likely reflects a relatively short ownership period, which prospective buyers may want to inquire about.
4. Is the basement finished?
Yes, the listing specifies the basement has been renovated, adding to the home’s immediate usable living space.
5. How does the assessed value affect the potential price?
The assessed value is a municipal figure for tax purposes and is notably lower than the citywide average home assessment. It should not be viewed as a market price, but it can indicate a relatively lower property tax burden compared to many homes in Winnipeg.