Property Overview: 1237 Chamberlain Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,024 sqft bungalow, built in 1955, sits on a notably generous 5,442 sqft lot in the Mynarski neighbourhood. Its primary appeal lies in its value proposition and land size. With an assessed value of $236k, it is positioned well below average for its area and the wider city, suggesting a potentially lower entry point for buyers. The lot size is a standout feature, ranking in the top 12% locally, offering ample outdoor space uncommon for the price range.
The home would suit first-time buyers or practical investors seeking a property with a lower tax assessment and room to grow, either through renovations or outdoor projects. Its older vintage means maintenance should be factored in, but it also represents a classic, solid build from its era. A thoughtful perspective is that while the living space is modest city-wide, it is competitively sized for the immediate street and neighbourhood, indicating a home that fits its community context. The recent sale in early 2023 (price withheld) suggests a potentially active market for homes at this value level on the street.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about the property?
The assessed value of $236k is significantly below the average for both Mynarski and Winnipeg. This can indicate a lower property tax burden and may represent a value opportunity, but it’s essential to view the home in person to understand its condition and how it compares to nearby sales prices, which can differ from assessments.
2. How does the lot size compare?
The lot is a key asset. At over 5,400 sqft, it is larger than most in the immediate area and neighbourhood, offering more privacy and potential for gardening, expansion, or outdoor living than many comparable properties.
3. The home was built in 1955. What should I consider?
As a home from the mid-1950s, expect classic construction and layout. Prospective buyers should pay close attention to the condition of major aging components like the roof, plumbing, electrical systems, and windows during an inspection, as updates may be needed or planned for.
4. How current is the sold price data shown?
The site references a sale from February 2023 but displays only a price range for non-logged-in users. For the exact sale history and price, you must request the information directly via email from the site, as they do not publish MLS data.
5. Is the living space sufficient?
At 1,024 sqft, the living area is slightly below the city average but is typical for the street and neighbourhood. It’s a practical size for a smaller household or someone comfortable with efficient use of space, with the large lot providing a compensatory outdoor area.