Property Overview
This 2017-built bi-level home at 866 Mccalman Avenue in East Elmwood presents a distinctly modern offering in a neighbourhood of predominantly older homes. Its key appeal lies in being a low-maintenance, turn-key property with recent construction, eliminating many of the immediate repair concerns common with vintage houses. With 912 sqft of living space and a renovated basement, it offers efficient, modern living on a standard city lot.
The home’s standout characteristic is its newness. Built in 2017, it ranks in the top 1% for year built both on its street and in the wider East Elmwood area, where the average home was constructed in the late 1940s and early 1950s. This translates to contemporary building standards, newer mechanical systems, and modern energy efficiency. Its assessed value is notably strong for the immediate area, placing in the top 4% on Mccalman Avenue, suggesting it is viewed as a premium property in its local context.
This property would suit first-time buyers seeking a move-in-ready home without the hidden costs of aging infrastructure, or downsizers looking for single-level living (with the basement providing extra flexible space). It’s also a practical choice for an investor seeking a modern rental in a stable neighbourhood. A less obvious perspective is its potential as a “best house on the block”—a newer build in an established area can often benefit from the mature charm of the neighbourhood while standing out for its modern amenities.
Frequently Asked Questions
Q: How does the size of this home compare to others in the area?
A: At 912 sqft, the living area is very close to the average for similar homes on Mccalman Avenue itself. It is moderately smaller than the East Elmwood neighbourhood average and notably smaller than the Winnipeg city-wide average, which aligns with its efficient, modern design.
Q: The assessed value seems low compared to the last sale price. Why is that?
A: Municipal assessed value for tax purposes is not a direct indicator of current market value. The assessed value of $33,900 is actually in the top tier for this specific street. The last known sale was in 2020 for $290,000, which is a market transaction and a more relevant gauge of its worth.
Q: What does the "Elite" ranking for Year Built mean?
A: It means this home is newer than 99% of the comparable properties on its street and in East Elmwood. With a build year of 2017, it is a significant outlier in an area where most homes are over 70 years old, offering peace of mind regarding the age of the roof, windows, furnace, and wiring.
Q: Is there a garage or parking?
A: The listing specifies there is no garage. Prospective buyers should investigate on-site parking options, such as a driveway, and review any local street parking regulations.
Q: The home sold in 2020 and previously in 2017. Does that indicate anything?
A: The 2017 sale likely corresponds to the original purchase of the newly built home. The subsequent 2020 sale suggests a relatively short ownership period, which is not uncommon for newer homes. It’s always wise to have your agent inquire about the seller’s reason for moving to understand the full context.