Property Overview: 180 McIntosh Avenue, Winnipeg
Key Characteristics & Ideal Buyer
This is a compact, century-old home (built 1907) on a standard-sized lot in the Chalmers neighbourhood. Its key characteristic is its modest scale, with a living area of 604 sqft, which is notably smaller than most homes on its street and across Winnipeg. The property features a detached garage and a basement that is present but not renovated. The land size is typical for the immediate area, and its assessed value is in line with local norms, though well below the citywide average.
The appeal lies primarily in its affordability and lot potential. The very low sale price reflects a property that is likely a fixer-upper or a candidate for full redevelopment. Its appeal is for value-focused buyers: investors or handy homeowners looking for a footprint to build equity through renovation, or those seeking an affordable entry into the market with the future option of expanding or rebuilding. It suits a buyer comfortable with a project, whether that's updating a character home or planning a new build on an established lot. A less obvious perspective is its potential for a minimalist or efficient living setup, where the small interior footprint is seen as a feature rather than a drawback, paired with a decent outdoor space.
Frequently Asked Questions
1. Is this a teardown property?
While not explicitly stated, the combination of very small living space, an older building, and an unrenovated basement suggests it's a strong candidate. The value is likely in the lot. Buyers should budget for thorough inspections to understand the existing structure's condition and potential.
2. How does the lot size compare?
At 2,744 sqft, the lot is around average for the Chalmers neighbourhood and McIntosh Avenue itself. It provides a standard urban footprint with room for a garden, parking, and potential expansion.
3. What does "below average" for living area mean practically?
The 604 sqft living area is significantly smaller than typical local homes (which average ~950 sqft). This indicates a one-bedroom or small two-bedroom layout. It emphasizes the property's status as a starter home or project, not a move-in-ready family house.
4. Why is the assessed value so much lower than the city average?
Assessed values are relative. While it's aligned with lower-value homes in Chalmers, it's far below the Winnipeg average because that average includes newer, larger homes in more expensive areas. This highlights the neighbourhood's affordability.
5. What is the context of the recent sale price?
The sale price of $11,600 is exceptionally low, even compared to the modest assessed value. This typically indicates a property sold "as-is," possibly for land value, or in need of significant repair. It's a clear indicator of a project investment rather than a standard home purchase.