206 Johnson Avenue W

Property Overview: 206 Johnson Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2014, stands out in its Chalmers neighbourhood for its modern age. Its key appeal lies in being a relatively new construction in an area of mostly older homes, potentially offering contemporary building standards and less immediate need for major updates. The living space (1,296 sqft) is generous for the local area, providing above-average roominess compared to nearby peers.

The property suits practical, value-conscious buyers. It’s ideal for a first-time homeowner seeking a modern structure without a premium price tag, or an investor looking for a newer rental property with likely lower maintenance costs. The lot size (2,875 sqft) is smaller than the city average, which translates to less yard upkeep—a plus for those wanting a low-maintenance outdoor space. Notably, the home lacks a garage, so buyers reliant on vehicle storage or workshop space should factor this in. The basement exists but is unrenovated, presenting a clear opportunity for future expansion or customization according to a new owner’s needs and budget.

Section 2: Frequently Asked Questions

1. Is this a good value for the area?
Based on the data, the home’s assessed value ranks in the top tiers for both its street and the Chalmers neighbourhood, suggesting it is considered a higher-value property locally. However, its last sale price was below the citywide average, indicating it may offer a balance of modern amenities at a accessible price point for Winnipeg.

2. What does the "unrenovated basement" mean?
It indicates the basement is unfinished or in its original state from 2014. It’s a blank canvas with full plumbing and electrical rough-ins likely in place, allowing you to finish it to your own specifications and potentially add significant value.

3. How does the lack of a garage affect daily living?
This means all vehicle parking will be on the driveway or street. It’s a trade-off for the newer home at this price point. Buyers should consider their need for vehicle storage, workshop space, and comfort with street parking during Winnipeg winters.

4. The home is newer, but how does the neighbourhood compare?
The Chalmers area features a mix of older and newer homes. While this property is newer than most on its block, the overall neighbourhood character and amenities will reflect an established, mature community rather than a brand-new subdivision.

5. Are property taxes likely to be high?
The assessed value is significantly higher than the neighbourhood average, which is the primary basis for property taxes. While this reflects the home’s relative modern value, prospective buyers should be prepared for a corresponding property tax bill that is above the local norm.