Property Overview
This one-storey home at 804 Chalmers Avenue E in East Elmwood presents a practical opportunity in Winnipeg’s market. Its key appeal lies in a combination of generous outdoor space and a home that is newer than many of its immediate neighbours. Built in 1956, the house itself is above average in age for its street. With 1,092 sqft of living area, it offers more space than most comparable homes in the East Elmwood area. The standout feature is the 5,171 sqft lot, which is significantly larger than typical lots on the street and in the neighbourhood, offering ample room for gardening, expansion, or outdoor recreation.
The property would suit a first-time homebuyer or a practical downsizer looking for a single-level layout without sacrificing yard space. It also appeals to a value-conscious buyer who sees potential in the land itself, whether for long-term enjoyment or future improvement. The home’s assessed value is notably below both the neighbourhood and city-wide averages, which can indicate a more accessible entry point, though it may also reflect the condition or style of the dwelling itself. This is a property where the land is a primary asset.
Frequently Asked Questions
1. Is the large lot a common feature in this area?
No, it is not. At over 5,000 sqft, this lot ranks in the top 6% on Chalmers Avenue E and the top 18% in East Elmwood, making it a distinctly larger-than-average parcel for the neighbourhood.
2. What does the below-average assessed value suggest?
While it suggests a potentially lower property tax burden and an accessible price point, it often indicates that the home’s improvements or condition are modest relative to the area. Buyers should consider it a value proposition that may require investment.
3. How does the home’s age compare to others nearby?
Built in 1956, this home is notably newer than the average home on its street (where the average year built is 1938). This could mean updates to core systems, though specific details would require an inspection.
4. What is the significance of the home being "one-storey" with no basement?
The single-level living is ideal for accessibility or those seeking to avoid stairs. The absence of a basement means all mechanical systems and living space are on the main floor, which simplifies layout but also limits storage or utility space.
5. Are recent sales in the area similar to this property?
Recent nearby sales show a mix of smaller and slightly larger homes, with assessed values clustering in a similar range. This property’s larger lot size is its most distinguishing feature when compared to these recent sales.