Property Overview: 57 Chandos Avenue, Norwood West, Winnipeg
Key Characteristics & Buyer Appeal
This home at 57 Chandos Avenue presents a solid, mid-century residence in the established Norwood West neighborhood. Built in 1947, it is a newer construction compared to many homes on its street and in the immediate area, which may suggest fewer concerns related to the very oldest infrastructure. The 1,318 sqft living space is consistently "around average" for its street, neighborhood, and city-wide, indicating a comfortable, typical family footprint without being oversized.
The property's standout feature is its 6,000 sqft lot, which ranks well above average for both Chandos Avenue and Norwood West. This offers valuable outdoor space and potential that is less common in the area. With an assessed value of $365k, it sits below the Norwood West neighborhood average, potentially representing a relative value entry point into the community. The home last sold between $350k-$400k in mid-2024.
This property would suit practical buyers looking for a grounded, no-surprises home in a mature neighborhood. It appeals to those who prioritize a larger, private yard over a sprawling house, and to value-conscious purchasers who see opportunity in a home assessed below its community's average. It's a choice for someone comfortable with a house of vintage character who may appreciate that it's among the younger homes on the block.
Frequently Asked Questions
1. Is the below-average neighborhood assessed value a concern?
Not necessarily. It indicates this specific property is valued lower than the Norwood West average ($426k), which could be due to its more modest living area, specific condition, or layout. For a buyer, this can represent a chance to get into the neighborhood at a lower entry point, with the potential to increase the value through updates.
2. What does the lot size actually mean for me?
At 6,000 sqft and ranking in the top 11% on its street, this lot provides significant outdoor space for gardens, play areas, or entertaining—a premium in older neighborhoods. It also offers better privacy and potential for additions like a garage, shed, or deck than many neighboring properties.
3. The home is "newer" than others on the street. What are the implications?
While still a 1947 home, being newer than the street average (1944) and neighborhood average (1937) may suggest updates to original systems like wiring or plumbing were potentially done later, or that construction methods were slightly more modern. However, a professional inspection for any home of this age is essential.
4. How does the sold price compare to the assessment?
The mid-2024 sale price (CA$350k–400k) aligns closely with the current $365k assessment. This recent transaction supports the assessed value as a reliable market indicator and suggests stable, not rapidly inflating, values for the property.
5. What is the immediate neighborhood of Chandos Avenue like?
The provided comparable sales on nearby Crawford, Tache, and Lloyd streets show a mix of similarly sized homes and values, indicating a consistent, established area without extreme outliers. The direct neighbors on Chandos Avenue have varied lot sizes and living areas, contributing to a streetscape that isn't uniform.