Property Overview: 180 Johnson Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1908, situated on a standard-sized lot in the Chalmers neighbourhood. Its key appeal lies in its position as an entry-point property with a very low municipal assessed value, suggesting a correspondingly affordable price point. The home presents a straightforward, no-frills profile: it has a basement that is not renovated, no garage, and a modest 742 square feet of living space.
This property would primarily suit a specific type of buyer. It’s a potential fit for a first-time buyer or an investor comfortable with a project, as the home likely requires modernization and offers a chance to build equity through renovation. Given its size and assessed value, it could also appeal to someone seeking a minimalist footprint or a strategic holding in the area. A less obvious perspective is its potential as a longer-term play; while its metrics (like living area and year built) rank below average now, its affordability in a city where prices are rising could make it a shrewd purchase for those able to see past its current condition.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about the likely price?
The municipal assessed value is very low ($15,600), which is typically used for calculating property taxes and is not the market price. However, it strongly indicates that this is one of the more affordable properties in the city, and the last sale was for $140,000 in 2019.
2. How does the lot size compare?
At 2,875 sq. ft., the lot is smaller than average for both the immediate street and the city overall, but it is quite typical for the Chalmers neighbourhood itself.
3. Is the home recently updated?
The listing specifically notes the basement is "not renovated," and the home's age (1908) and below-average rankings for living area and year built suggest it retains much of its original character and likely requires updates.
4. What are the implications of it being a "one-storey" with no garage?
The single-level layout can be appealing for accessibility or simplicity. The lack of a garage means parking will be on-street, which is common for homes of this era in the area.
5. How does this property rank compared to others?
The provided rankings show this home consistently falls in the bottom third or quarter when compared to others on its street, in Chalmers, and across Winnipeg for metrics like land area, living space, and year built. This quantifies its position as a smaller, older, and more affordable option.