Property Overview & Key Characteristics
This one-and-three-quarter storey home, built in 1908, presents a classic character property on a standard city lot in the Chalmers neighbourhood. Its appeal lies in its straightforward, no-frills profile. With 972 sqft of living space and an unrenovated basement, it offers a practical footprint for a small household or a first-time buyer. The data suggests it is very much an "average" home for its immediate street and area in terms of lot size, living area, and value, which can be a positive for those seeking an affordable entry point into the market without unexpected extremes.
The home suits a specific buyer: someone looking for a pragmatic project or a liveable starter home without the premium for modern upgrades or oversized lots. Its 1908 origins mean there is likely historic charm but also a need for careful attention to aging infrastructure. A thoughtful perspective is that its "averageness" within the local context is its strength—it’s a known quantity, reducing the risk of overpaying for location or size relative to the neighbourhood. It’s not a luxury property, but a grounded opportunity for those comfortable with a home that reflects the established, working character of its community.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for older Winnipeg homes. It typically means the second floor has slightly less full-height ceiling space than the main floor, often with dormer windows, creating cozy but potentially sloped bedrooms.
2. The assessed value seems very low compared to the last sale price. Why?
Municipal assessed value for tax purposes is often significantly lower than market value and is not a direct indicator of a home's selling price. The sale history and current market conditions are more relevant for valuation.
3. What are the implications of an "unrenovated" basement?
This indicates the basement is in original or functional condition, but not modernized. It offers utility space and potential, but any finishing or significant updates would be a project for the buyer. It's essential to check for moisture issues and foundational integrity.
4. The home is older than most on the street. Should I be concerned?
While its 1908 build date is older than the local average, many homes in the area are from a similar era. This underscores the importance of a thorough inspection focusing on updates to key systems like wiring, plumbing, and the roof, which are more critical than the age itself.
5. How does the lot size compare?
At 3,352 sqft, the lot is very typical for the Chalmers neighbourhood. It provides a standard backyard space for city living but is not an unusually large or small parcel for the area.