160 Mcintosh Avenue

Property Overview

This one-storey home at 160 Mcintosh Avenue in Winnipeg's Chalmers neighbourhood is a compact, post-war property built in 1944. Its key appeal lies in its efficient scale and recent updates, presenting a low-maintenance living option. The house sits on a 2,743 sqft lot and features a modest 704 sqft of living space, a renovated basement, and a detached garage.

Key Characteristics & Appeal

This home is defined by its practicality. The living area is notably compact, ranking below average for size both locally and city-wide, which suggests a efficient, easy-to-maintain layout ideal for individuals, couples, or investors. Its recent basement renovation adds modern, functional space. The lot size is also below the city average but is typical for the immediate street, offering manageable outdoor space.

The property’s strongest financial characteristic is its assessed value, which is consistent with the local area average, indicating a stable, entry-level point in the market. A significant perspective is the home’s age: built in 1944, it is actually newer than many homes on its street and in Chalmers, potentially implying fewer issues common with older construction. The sale history shows a substantial increase in value between 2021 and 2022, highlighting active market interest.

This property would best suit first-time buyers seeking an affordable, updated starter home with minimal yard work, or an investor looking for a manageable rental property in a stable neighbourhood. Its scale is not suited for those requiring substantial indoor or outdoor space.

Frequently Asked Questions

1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes with the city.

2. How does the property’s below-average size affect its value?
While the living area is compact, the assessed value aligns with the neighbourhood average. This suggests the market values the home's condition, lot, and location, with its size appealing to a specific buyer seeking lower utility and maintenance costs.

3. What does the significant price increase between 2021 and 2022 indicate?
The jump from approximately $25,600 to $260,000 likely reflects a major renovation (potentially including the basement) or a data correction. It underscores the importance of a professional inspection to understand the quality and scope of recent work.

4. Are the property taxes likely to be high?
With an assessed value that is average for the local area but below the Winnipeg average, the property taxes should be relatively manageable and typical for the Chalmers neighbourhood.

5. What are the implications of the detached garage?
A detached garage offers flexibility and separates workshop noise or fumes from the house. However, it may be less convenient during Winnipeg winters compared to an attached structure, a factor for some buyers to consider.