Property Overview: 201 Johnson Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its key features include a renovated basement, a detached garage, and a 4,020 sqft lot. The home’s primary appeal lies in its solid value proposition within its immediate context. While its 996 sqft living area is modest by city-wide standards, it is squarely average for both the street and the Chalmers area, suggesting it fits the local housing fabric well. The lot size is notably above average for the neighbourhood, offering more outdoor space than many comparable properties.
This property would suit a first-time buyer, an investor, or someone seeking a manageable, no-frills home in a stable area. Its recently renovated basement adds functional living space and modern appeal without the need for immediate major updates. A thoughtful perspective is that this home represents a "middle-of-the-road" option on its street and in Chalmers—it’s not the largest or newest, but it consistently performs around or above the local average for key metrics like assessed value and year built. This indicates a well-maintained property holding its own in the local market, offering a sense of stability rather than standing out for extreme size or luxury.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
At 4,020 sqft, the lot is larger than most in the Chalmers neighbourhood (ranking in the top 23%), offering more private outdoor space than many comparable homes.
2. Is the home older than others in the area?
Built in 1948, it is actually newer than the average home on its street and in Chalmers, where many homes date back to 1934.
3. What does the assessed value indicate?
The assessed value of $24,900 is above the neighbourhood average. This typically reflects the property’s condition, improvements (like the renovated basement), and its relative standing compared to local peers.
4. How does the living space compare?
With 996 sqft, the living area is very close to the Chalmers average. It provides a comfortable footprint for the area, though it is smaller than the typical Winnipeg home.
5. What is the context of the last sale price?
The home sold for $19,500 in March 2020. It’s important to note this price was below the city-wide average at that time but was around the average for both the immediate street and the Chalmers neighbourhood, highlighting its positioning as a value-oriented property within its local market.