434 Martin Avenue W

Property Overview: 434 Martin Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Chalmers presents a unique profile defined by its modern construction amidst a neighbourhood of much older properties. Built in 2023, it is a standout new build on its street and in the wider area. Its key appeal lies in offering modern systems and finishes without the premium typically associated with a brand-new, detached home. The living space (1,223 sqft) is comfortably above average for the immediate vicinity, though the lot size (2,084 sqft) is notably compact.

This property would suit a specific buyer: first-time homeowners or downsizers seeking the low-maintenance benefits and peace of mind of a new build, but who are comfortable with a smaller outdoor space and a value-oriented location. It’s a practical choice for those prioritizing a modern, renovated interior over a large yard. A less obvious perspective is its potential as a strategic hold; as one of the newest homes in the area, it may age well relative to its century-old neighbours, appealing to future buyers looking for turn-key readiness in this price segment.

Section 2: Frequently Asked Questions

1. Is the home truly a "new build"?
Yes. With a construction year of 2023, it is among the newest homes not just on its block but in the entire Chalmers neighbourhood, ranking in the top 1% for year built locally.

2. Why is the lot size mentioned as being below average?
The property sits on a 2,084 sqft lot, which is smaller than most homes on Martin Avenue W and in Winnipeg overall. This is a trade-off for the new construction and contributes to its accessible price point.

3. What does the "renovated" basement refer to?
The listing confirms a renovated basement, but specifics on the finish and layout are not provided in the public data. This would be a key detail to clarify with the seller or listing agent.

4. How does its assessed value compare to its recent sale price?
The home sold for $28,100 in December 2023. Its current assessed value is $34,200, which is significantly higher and places it in the top 4% of homes in Chalmers for assessed value. This gap warrants investigation into the assessment basis and current market conditions.

5. Are there any garages or additional parking?
The listing specifies "Garage: None." Given the compact lot, dedicated off-street parking may be limited or configured as a driveway, which should be verified.