Property Summary: 338 Chalmers Avenue
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1966, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its key appeal lies in its relative modernity compared to many area homes, as it is newer than roughly 90% of houses on its street. With 1,140 sqft of living space, it offers above-average roominess for both the immediate street and the broader neighbourhood.
The property sits on a 2,550 sqft lot, which is compact relative to city-wide averages but typical for the area. A notable characteristic is its significantly below-average assessed value, both locally and city-wide, suggesting a potentially accessible entry point. The home has a basement, but it is not renovated, and the property does not include a garage or pool.
This home would best suit a first-time buyer, an investor, or a downsizer looking for a straightforward, no-frills property in a central location. Its value proposition is for those comfortable with a home that may require updates, prioritizing location and living space over lot size or premium finishes. A thoughtful perspective is that its newer construction (for the area) could mean fewer immediate concerns with aging infrastructure common in century-old homes, while the compact lot translates to lower maintenance demands.
Section 2: Frequently Asked Questions
1. What does the assessed value indicate?
The assessed value is notably below average for Winnipeg. This typically reflects the home’s condition, features, and market positioning rather than just location, and often correlates with a more accessible purchase price.
2. Is the lot size a disadvantage?
While smaller than the Winnipeg average, the lot is standard for the Chalmers area. It offers manageable yard maintenance, which can be a benefit for those seeking a lower-upkeep property.
3. What does “newer than 90% of homes on the street” mean practically?
Built in 1966, this home is significantly newer than many neighbouring properties, which often date to the early 1900s. This can imply updates to core systems like wiring or plumbing compared to much older homes, though a full inspection is always advised.
4. Who might this property not suit?
It may not suit buyers seeking a large yard, a garage, a move-in-ready renovated basement, or a home with premium valuations. It’s a functional property for practical needs.
5. How does the living space compare?
At 1,140 sqft, the living area is genuinely spacious for the neighbourhood, ranking above average. This suggests a comfortable interior layout relative to many other local options.