Property Overview: 1209 Chamberlain Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,024 sqft bungalow, built in 1955, presents a practical opportunity in Winnipeg's Mynarski neighbourhood. Its primary appeal lies in its above-average land size (5,441 sqft) for the immediate area, offering more outdoor space than most neighbouring lots. The home's assessed value of $262k is notably higher than others on its street, suggesting it may be in better condition or have features that add value relative to its closest peers.
The property suits first-time buyers or practical investors looking for a solid entry point into the market. Its size and vintage indicate a home that may require updates, appealing to those comfortable with a project or gradual improvements. A thoughtful perspective is its positioning: while its value is high for its street, it sits below the average for the wider Mynarski area and city. This creates a potential value proposition—offering a more substantial lot and a well-ranked home on its block for a price that remains accessible compared to broader benchmarks.
Section 2: Frequently Asked Questions
1. How does this home really compare to others nearby?
The data shows a mixed picture. On its own street (Chamberlain Ave), it ranks highly in value, lot size, and even year built. However, compared to all of Mynarski, its assessed value is in the bottom 6%, while its lot size is in the top 13%. This suggests you're getting a larger-than-average parcel for the neighbourhood, but the home itself is valued lower than many area properties.
2. What does the sold price history from 2016 tell us?
It last sold for between $200,000 and $250,000 in December 2016. This provides a historical anchor point, indicating how market value has changed over an eight-year period to reach its current $262k assessment.
3. Is the living area small?
At 1,024 sqft, it is slightly below the average for its immediate street and area, and noticeably below the Winnipeg city average. It is a compact bungalow, so efficient use of space and potential for expansion (given the large lot) could be important considerations.
4. How reliable is this data?
The assessed value is an official municipal figure used for property tax. The sold price data is sourced from public records, not the MLS, and is presented as a range. For verified, exact historical sale figures, you must request a manual lookup from the site.
5. What are the next steps for a serious buyer?
The provided data is a starting point for comparison. A crucial next step would be to view the "neighbourhood analysis page" to see this property mapped alongside others, comparing metrics visually. Following that, a physical viewing and professional inspection are essential to understand the condition behind the numbers.