161 Gordon Avenue

Property Overview

This home at 161 Gordon Avenue in Winnipeg's Chalmers neighbourhood presents a distinct opportunity. Built in 1907, it is a one-and-three-quarter storey house on a 2,762 sqft lot. Its key appeal lies in its generous 1,568 sqft of living space, which is notably larger than most comparable homes in its immediate area and neighbourhood. The property features a basement, but it is not renovated, and there is no garage or pool. It last sold in December 2016 for $16,300 and currently holds an assessed value of $17,300.

The property suits a specific buyer: someone looking for a project with solid "bones" and ample interior space in a mature neighbourhood. Its appeal is for the value-driven purchaser or investor who sees potential in the existing structure and is prepared to handle updates. The very low assessed value relative to the city-wide average suggests a lower entry point, making it a candidate for those with renovation skills or capital. A less obvious perspective is that the significant living area in a home of this age and value could indicate a layout that is compartmentalized rather than open-concept, appealing to those who prefer defined rooms or have multi-generational living in mind.

Frequently Asked Questions

What does "one & 3/4 storey" mean?
This is a common Winnipeg architectural style, typically featuring a full main floor and a second floor where the roofline slopes inward, creating smaller but still functional rooms under the eaves. It often provides more character and space than a bungalow.

Is the low assessed value a concern?
Not necessarily. It primarily reflects the property's market position relative to others in Winnipeg and may indicate the need for modernization. It can represent a lower property tax burden and an opportunity to increase value through renovations.

How significant is the large living area?
Very. The data shows this home's living space is in the top 4% for its street and neighbourhood. This means you get substantially more interior square footage here than in most other homes in the immediate area, which is a key advantage.

What should I expect with a 1907 build date?
While offering classic charm, it necessitates a thorough inspection. You should budget for potential updates to major systems (like wiring or plumbing) and expect ongoing maintenance consistent with a home of this age. The unrenovated basement should be carefully evaluated for moisture and foundation integrity.

Why is the city-wide comparison for land and value so different?
The rankings show this is a typical urban lot in a mature core neighbourhood. When compared to newer suburban developments with larger lots and higher-valued new constructions city-wide, it naturally ranks lower. This highlights its position as an urban property, not a direct comparison to newer suburban homes.