Property Overview
This 2020-built bi-level at 199 Harbison Avenue W in Winnipeg's Chalmers neighbourhood presents a distinctly modern offering in an area of mostly century-old homes. Its primary appeal lies in being a move-in ready, low-maintenance property without the typical concerns of an older house. The home sits on a modest, manageable lot and features an unrenovated basement, offering a blank canvas for future expansion.
Key Characteristics & Ideal Buyer
The standout feature is the home's age. Built in 2020, it ranks in the top 1% of homes for year built both on its street and in the wider Chalmers area, where the average home dates to 1934. This means modern building standards, energy efficiency, and minimal immediate repair needs. With 1,068 sqft of living space, it offers above-average room for the local area. The property last sold in 2020 for $250k, a price point that was above average for the neighbourhood but below the citywide average at the time.
This home is ideally suited for first-time buyers or downsizers seeking a newer, worry-free build in an established neighbourhood, who prefer to avoid the renovation projects common with older character homes. It also appeals to the pragmatic buyer who values modern infrastructure (like wiring and plumbing) over historic charm, and who sees the unfinished basement as a positive opportunity for customization rather than a drawback.
Frequently Asked Questions
1. What does the "Elite" ranking for Assessed Value mean?
It means the home's assessed value ($31.5k) is significantly higher than most neighbours' (top 3-5% locally). This typically reflects its much newer construction compared to surrounding properties, not necessarily an oversized lot or luxury finishes.
2. Is the land size a disadvantage?
The lot is smaller than the Winnipeg average but is typical for the Harbison Avenue streetscape. For the target buyer, this can be a positive: it translates to less yard maintenance while still providing private outdoor space.
3. What should I know about the unrenovated basement?
The basement exists and is functional but has not been finished into living space. This is a key opportunity; it allows a new owner to create additional rooms (a rec room, bedroom, or office) to their own specifications without needing to undo previous renovations.
4. How does the 2020 sale price compare today?
The $250k sale in 2020 was above average for Chalmers. This indicates buyers have consistently placed a premium on the new construction in this area. Current market value will depend on broader conditions, but this premium for a modern home in the neighbourhood is likely to remain.
5. Who might this property not suit?
Buyers seeking a large lot, mature trees, or classic architectural character may find it lacking. It's also not for investors looking for a "value-add" through a major renovation, as the home is essentially new. The value here is in its condition, not its renovation potential.