Property Overview & Key Characteristics
This one-and-a-half storey home on Martin Avenue West in Chalmers is defined by its generous proportions on a well-sized lot. Built in 1945, it offers 1,332 sqft of living space, which is notably larger than most comparable homes in its immediate area and neighbourhood. The property sits on a 3,810 sqft lot and features a detached garage and a basement that is present but not renovated.
Its primary appeal lies in its above-average space and land for the local market, presenting a solid value proposition for the price point. The home suits buyers looking for a character home with room to grow or customize, particularly those who prioritize interior space over a fully updated condition. It’s a practical choice for a first-time buyer comfortable with a project, or an investor seeking a property with strong fundamentals in a neighbourhood where its size is a competitive advantage.
Frequently Asked Questions
1. What does "above average" for living area actually mean?
Compared to similar one-and-a-half storey homes on its street and in the Chalmers neighbourhood, this home’s living area is in the top 10%, meaning it offers significantly more interior space than most of its direct peers.
2. Is the low assessed value a concern?
The assessed value is in line with the local area but is below the Winnipeg city-wide average. This typically reflects the neighbourhood’s market rather than the condition of this specific property, and it directly contributes to a lower property tax burden.
3. What should I know about the unrenovated basement?
While it offers additional space and storage, it will likely require investment to finish or modernize. This should be factored into renovation budgets and plans, but it also presents a blank canvas for customization.
4. How does the lot size compare?
At 3,810 sqft, the lot is larger than average for both the street and Chalmers, but smaller than the typical Winnipeg lot. This means you get a very good yard for the neighbourhood, but not an exceptionally large one by broader city standards.
5. The home is 81 years old. What does that imply?
The year built (1945) is actually newer than many homes on the street and in the area. While it will still have the maintenance considerations of any older home, it is a relatively younger property within its historic context, which can be a positive for systems and structure.