Property Overview & Key Characteristics
This one-storey home at 212 Washington Avenue in Winnipeg's Chalmers neighbourhood presents a practical and value-oriented opportunity. Its key appeal lies in a combination of modern updates and a highly efficient footprint on a standard city lot. The home features a renovated basement, adding valuable finished space to the 1,083 sqft main living area, which is notably above average for both the street and the neighbourhood. A detached garage provides additional storage or workshop space.
Built in 1971, the house is significantly newer than most in the immediate area, suggesting potentially fewer concerns with aging core systems compared to its century-old counterparts. The lot size is typical for the community, offering manageable outdoor maintenance. The assessed value is well above local averages, which often reflects recent improvements and can signal a property in good standing relative to its peers.
This property would suit first-time buyers seeking a move-in-ready home with modern finishes, or practical downsizers looking for a manageable single-level layout without sacrificing space. It’s a strong fit for those who prioritize a renovated interior over a large yard, and who see value in a home that stands out positively within its local context for its condition, size, and era.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should confirm with the municipality regarding permits and compliance to understand its approved use.
2. How does the sale history affect current value?
The home sold for $24.5k in 2016. The current assessed value is significantly higher at $28.8k, which typically reflects market changes and any renovations completed since the last sale. It’s a clear indicator of substantial improvement or rising local values.
3. The assessed value is high for the area. Is that a concern?
A higher-than-average assessment in the immediate vicinity is often a positive sign, indicating the property has been upgraded or is in better condition than neighbouring homes. It’s important to verify what specific improvements drove the increase.
4. What does the "above average" living area mean for a one-storey home?
With 1,083 sqft on the main floor plus a renovated basement, this home offers more spacious living quarters than most similar properties in Chalmers. This is a key advantage for buyers needing more room but wanting the convenience of a single-level layout.
5. The lot is described as "around average" for the area. What are the implications?
With a lot size just under 3,600 sqft, the property is typical for Chalmers. This means yard maintenance is manageable, but outdoor space may be more functional than expansive. It aligns with the neighbourhood's established character.