Property Overview
This one-and-a-half storey home on Washington Avenue in Chalmers presents a compelling mix of generous interior space and a well-established neighborhood setting. Built in 1944, its key appeal lies in its above-average living area of 1,472 sqft, which ranks in the top 5% for the local area, offering more room than most comparable homes. The property features a renovated basement and a detached garage on a standard 3,003 sqft lot. While the lot size and year built are typical for the street, the home’s interior size and recent sale prices have consistently performed well above local averages. This suggests a property that has been maintained or updated in ways that outpace its immediate peers.
The home would suit practical buyers looking for solid interior space without a premium lot size, perhaps young families or downsizers seeking single-level living potential in a no-frills, established area. Its strong performance in local sales rankings indicates it’s a standout within its specific market segment, appealing to value-conscious buyers who prioritize interior square footage and modernized basics over a newer build or a sprawling yard.
Frequently Asked Questions
How does the home’s value compare to the area?
The home’s recent sale prices have consistently placed it in the top 4-7% for the neighborhood and street, indicating it is considered a premium property within this specific, more affordable area of Chalmers.
Is the living space configured efficiently?
At 1,472 sqft, the living area is notably larger than the local average (~950 sqft). Prospective buyers should verify the room count and layout, as this extra space in a 1.5-storey could mean fewer but larger rooms or a particularly well-finished basement.
What does the “renovated basement” entail?
The listing notes a renovated basement. It’s important to clarify the scope, permits, and finish quality, as this can significantly impact the home’s usable living space and value.
How does the assessed value relate to the sale price?
The municipal assessed value is significantly lower than recent sale prices. This is common and reflects the market value often exceeding the assessment, but buyers should ensure their financing is based on sale price, not assessment.
Is the detached garage a major feature here?
In an older neighborhood with standard lot sizes, a detached garage is a valuable practical asset for storage and vehicle protection, and can be a relative perk compared to homes with only carports or no dedicated parking.