Property Overview
This one-and-a-half storey home on a generous 5,560 sqft lot in Chalmers presents a practical opportunity with notable upside. Its primary appeal lies in its above-average living space for the area and a renovated basement, offering immediate functional value. The detached garage and sizable lot provide flexibility for parking, storage, or outdoor projects.
The home suits first-time buyers or investors looking for a solid entry point into the Winnipeg market with room to grow. It’s particularly compelling for those who value interior space and a renovated lower level over a recently built structure, as the 1949 build date means maintenance and systems updates should be factored into planning. The data suggests it's a larger-than-average home in a neighbourhood of typically smaller properties, offering a relative sense of space and privacy.
Frequently Asked Questions
1. How does the lot size compare to others?
The lot is above average for the Chalmers neighbourhood, placing in the top 6%. This means more outdoor space than most nearby properties, though it is typical for Poplar Avenue itself.
2. Is the living space sufficient for a family?
With 1,547 sqft of living area, the home is significantly larger than the Chalmers average (953 sqft), ranking in the elite top 4% for the neighbourhood. This indicates ample room relative to other area homes.
3. What should I know about the year it was built?
Built in 1949, the home is older than the Winnipeg citywide average. While it has a renovated basement, prospective buyers should budget for potential updates to older components like plumbing, wiring, or windows.
4. Why is the assessed value notably lower than the citywide average?
The assessed value is below the Winnipeg average, reflecting factors like the home's age, location, and the specific market dynamics of the Chalmers area. It indicates a potentially more affordable entry point compared to the broader market.
5. What does the sale history indicate?
The home last sold in November 2017 for $23,500. This historical price point, significantly lower than the current assessed value of $25,600, suggests market appreciation and investment in the property (like the basement renovation) over the last several years.