Property Summary: 1217 Chamberlain Avenue, Winnipeg
Key Characteristics & Appeal
This home on Chamberlain Avenue in the Mynarski neighbourhood presents a practical and value-conscious opportunity. Built in 1955, it is one of the older homes on its street, which may appeal to those interested in classic character or simpler structural designs. With 1,089 square feet of living space, it offers more room than most comparable homes in its immediate area and on its street, providing good utility for its footprint.
The primary appeal lies in its value proposition. The home's assessed value of $253,000 is significantly below the average for both the wider city and the Mynarski area, suggesting a potentially lower entry point. This is paired with an above-average lot size for the neighbourhood, offering decent outdoor space. It suits first-time buyers, practical downsizers, or investors looking for a straightforward property in a mature community. A thoughtful perspective is that its "below average" assessment in the area could indicate room for value growth through updates, or simply represent a more affordable cost of ownership in a city where averages are rising.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home sold between $200,000-$250,000 in June 2022. Its current assessed value of $253,000 is close to that range and remains below the current averages for both the neighbourhood and the city.
2. Is the living space efficiently laid out?
At 1,089 sq ft, the living area is larger than many similar homes in Mynarski. However, as a home built in 1955, the floor plan may differ from modern open-concept designs. Viewing the property is recommended to assess the layout's suitability for your needs.
3. What does the "below average" assessment for the neighbourhood mean?
While the home's assessed value is in the bottom 20% for Mynarski, this is likely due to a combination of its age, specific condition, and market factors. It doesn't necessarily reflect the entire neighbourhood's desirability but highlights this property's relative affordability within it.
4. How can I verify the exact historical sale price?
The provided sale data is from public records, not the MLS. For fully verified and exact sale figures, you must request a manual lookup via the email service noted in the listing details.
5. What are the implications of the home's age?
Being 71 years old and one of the older homes on the street means potential maintenance considerations, but also possible classic construction materials. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the roof.