Property Overview: 38 Chaffey Place, Winnipeg
Key Characteristics & Appeal
This one-storey home in Inkster Gardens is a practical and straightforward property built in 1985. With 1,037 sqft of living space and a renovated basement, it offers functional, single-level living. The lot is a generous 4,997 sqft, providing ample outdoor space relative to many city lots, and includes a detached garage.
Its primary appeal lies in its value and simplicity. The home’s assessed value is notably below the averages for its immediate street and neighbourhood, positioning it as an accessible entry point into the market. While the living space is compact compared to nearby homes, the renovated basement adds usable square footage. The property would suit first-time buyers, downsizers looking for minimal maintenance, or investors seeking a rental property with a stable assessment history. A less obvious perspective is that its older construction date (1985) is actually an advantage on its street, making it one of the newer homes in that specific cluster, which can mean fewer major age-related surprises compared to immediate neighbours.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,037 sqft, the living area is below the average for both Chaffey Place and the wider Inkster Gardens neighbourhood. However, the renovated basement provides additional functional space.
2. What does the assessed value indicate?
The assessed value of $37,100 is below the local area averages. This can suggest a lower property tax burden and may indicate a value opportunity, but it’s essential to compare this with recent sale prices and market conditions.
3. Is the lot size typical?
The 4,997 sqft lot is fairly standard. It’s slightly larger than the Inkster Gardens average but a bit smaller than the average lot on Chaffey Place itself, offering a good balance of yard space without excessive upkeep.
4. What is known about past sale prices?
Public data indicates a sale occurred in December 2021 in the range of $35,500 to $38,500. For the exact historical sold price, you can request the information directly via the provided email service.
5. Who are the most likely buyers for this property?
This home is well-suited for budget-conscious first-time buyers, investors, or those seeking a manageable, single-storey layout. Its value-focused profile is less likely to attract buyers looking for above-average square footage or premium neighbourhood rankings.