Property Overview: 833 Chalmers Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated East Elmwood home is a classic one-storey bungalow built in 1955. Its primary appeal lies in a rare and substantial 6,000 sqft lot, which ranks in the top 5% of the neighbourhood. This offers exceptional outdoor space for gardening, recreation, or future expansion, a significant advantage over typical local properties. The living area (912 sqft) is modest and on par with nearby homes, suggesting a cozy, manageable layout. A detached garage adds practical storage or workshop space.
The home’s assessed value is strong for its immediate street, indicating it is viewed favourably relative to its closest peers. Recent sale history shows notable market appreciation. This property suits a first-time buyer or downsizer looking for a solid, single-level home with minimal stairs and a standout yard. It’s also a compelling canvas for a buyer with vision, offering the land to potentially add value through renovations, an addition, or simply by enjoying one of the larger private lots in the area.
Section 2: Frequently Asked Questions
Q: How does the lot size compare to what’s typical?
A: The 6,000 sqft lot is a standout feature. It’s significantly larger than the East Elmwood average (~4,390 sqft) and ranks among the top 5% of properties in the neighbourhood.
Q: Has the property value increased?
A: Based on available sales data, the home sold for $265,000 in August 2021 and then for $300,000 in February 2024, indicating a period of value growth.
Q: Is the living space relatively large or small?
A: At 912 sqft, the living area is close to the neighbourhood average. It offers a practical amount of space for a smaller household but is below the citywide average for houses.
Q: What does the “above average” assessed value for the street mean?
A: It means the municipal assessed value of $266,000 is higher than most comparable homes on Chalmers Avenue E. This can sometimes reflect the perceived value of its larger lot or recent market activity on the street.
Q: Are there similar homes nearby for comparison?
A: Yes. Nearby properties on the same street (e.g., 829, 837 Chalmers Ave E) provide direct neighbourhood context. The listed “for reference” homes (e.g., 823 Manhattan Ave, 382 Kent Rd) are also in East Elmwood with similar vintage and assessed values, offering useful benchmarks.