Property Overview: 107-108 Chandos Avenue, Norwood West, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, 570 sqft property built in 1970, located in Winnipeg's Norwood West neighbourhood. Its primary appeal lies in its affordability and position as an entry-point into the housing market, with an assessed value of $143k, which is notably below both area and city-wide averages. The home recently sold for an estimated $100k–$150k.
The data presents a nuanced picture. While the living space is modest and well below the city average, it is relatively typical for smaller homes on its own street. A key, less obvious characteristic is its age ranking: on Chandos Avenue, it ranks in the top 3% as the newest build among comparable homes, suggesting it may offer more modern construction than its immediate neighbours. This combination of being one of the newer homes on the block, yet priced below average, creates a unique value proposition.
This property would best suit a first-time buyer, an investor looking for a rental unit, or someone seeking a minimalist, low-maintenance lifestyle. Its below-average price point for the area makes it accessible, while its size necessitates efficient living.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the sale price?
The assessed value ($143k) is for municipal tax purposes and is not a direct market appraisal. The home sold within the $100k–150k range, which aligns with but does not guarantee a specific price.
2. How does the living area compare to typical Winnipeg homes?
At 570 sqft, this home's living area is significantly smaller than the Winnipeg average of about 1,042 sqft, placing it in the bottom 3% city-wide. It is more in line with the smaller-scale homes found in its specific part of Norwood West.
3. What does it mean that it's "Elite" for year built on its street?
This statistical ranking means that, among the 30 comparable homes on Chandos Avenue, this 1970-built property is the newest (ranked 1st). This is a hyper-local advantage, indicating it may have newer systems or materials than many direct neighbours, even if it's older than the city median.
4. Are exact past sale prices available here?
No. Due to industry rules, exact MLS sale prices are not published on this site. The provided sold price range is based on public data. You can request exact historical figures via email from the site provider for verified details.
5. What is the immediate neighbourhood like?
The listing shows several other units within the same building or complex (e.g., 102-108, 104-108 Chandos). This suggests a multi-unit property, which is important for understanding the living environment, potential condo/strata fees (if applicable), and the nature of the community.