Property Overview: 219 McIntosh Avenue
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1910, situated on a standard-sized lot in the Chalmers neighbourhood. Its primary appeal lies in its position as an affordable entry point into the Winnipeg market, with a very low assessed value. The lot size is notably above average for the immediate street, offering potential for expansion or outdoor space relative to its neighbours. The home itself is modest, with living space below the citywide average, and features an unrenovated basement.
This property would best suit a specific type of buyer: an investor looking for a land-value opportunity, a hands-on renovator seeking a project with a low initial cost, or a very budget-conscious first-time buyer prepared to live in a home that requires modernization. Its value is rooted more in its land and location than in its current structure. A less obvious perspective is that, while its metrics are below city averages, it holds a relatively stronger position within its own community, suggesting it's a typical property for the Chalmers area rather than an outlier.
Section 2: Frequently Asked Questions
1. What does "unrenovated basement" typically imply?
It generally means the basement is in its original or rough state. Buyers should anticipate foundational systems that may need updating and plan for finishing work to make it a comfortable living or storage space.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's age, modest size, and condition relative to the broader market. It indicates this is a value-driven opportunity rather than a move-in-ready home, often focusing on the land asset.
3. How does the lot size compare to nearby properties?
At approximately 3,159 sq. ft., the lot is actually above the average for McIntosh Avenue itself. This is a key point, as it means the property has a better-than-typical footprint on its street, which can be an advantage for future projects.
4. What should I consider about a home built in 1910?
While offering classic character, homes of this age require careful attention to aging infrastructure. A thorough inspection for the foundation, plumbing, electrical wiring, and insulation is essential to understand the scope of potential updates needed.
5. Who are the typical neighbours or buyers in this area?
The Chalmers neighbourhood features a mix of long-term residents and investors. Given this property's profile, buyers are likely to be those looking for affordability and potential, rather than luxury finishes, contributing to a pragmatic, community-focused streetscape.