Property Overview: 223 Martin Avenue W, Winnipeg
Key Characteristics & Buyer Appeal
This one-and-a-half storey home in Chalmers presents a compelling blend of space, vintage character, and practical updates. Built in 1946, it is notably newer than many homes on its street and in the immediate area, which may suggest fewer concerns associated with very old infrastructure. Its primary appeal lies in its generous living area (1,304 sq ft), which ranks well above average for both the street and the neighbourhood, offering more interior room than most comparable homes nearby.
The property features a renovated basement and a detached garage. The lot size is standard for the local area, providing typical outdoor space without extensive maintenance demands. From a value perspective, its assessed value is consistent with the local market, but sits well below the Winnipeg city average, highlighting the area's affordability.
This home would suit first-time buyers or practical downsizers seeking a character home with updated essentials (like the basement) and more interior space than is typical for the area. It’s a sensible choice for someone prioritizing square footage and a home’s relative modernity within an established, affordable neighbourhood over a brand-new build or a large lot.
Frequently Asked Questions
1. How does the home’s age affect potential maintenance?
While built in 1946 and older than the city average, it is newer than many immediate neighbours. This could mean some major systems have been updated more recently, but a standard inspection is still crucial to understand the condition of the roof, wiring, and plumbing.
2. Is the living space configured efficiently?
At over 1,300 sq ft, the living area is spacious for the locale. Buyers should verify the room layout and flow to ensure it matches their lifestyle, as the "one-and-a-half storey" design may include finished attic space with sloped ceilings.
3. What does the neighbourhood ranking for "Assessed Value" indicate?
The assessment is around the local average, suggesting the property is priced consistently within Chalmers. The fact that it’s below the city-wide average underscores the area’s relative affordability compared to Winnipeg as a whole.
4. What is the significance of the renovated basement?
A renovated basement adds valuable finished space, potentially for a family room, office, or additional storage. It’s important to confirm the quality of the renovation, whether permits were pulled, and the basement’s suitability for intended uses (e.g., ceiling height, moisture control).
5. How does the detached garage impact utility?
A detached garage provides secure storage and parking. Considerations include its condition, the walk to the house during Winnipeg winters, and whether there is potential for a workshop or additional storage space.