Property Overview: 456 William Newton Avenue
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1946, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in its efficient scale and recent updates. With 1,270 sqft of living space, the home is notably larger than many in its immediate area and neighbourhood, offering comfortable roominess without being excessive. A key modern convenience is the renovated basement, adding functional living space.
The property sits on a 3,552 sqft lot, which is a manageable size for maintenance while still providing private outdoor space. A detached garage offers additional storage or workshop potential. The home’s assessed value is significantly below the Winnipeg city average, suggesting a relatively accessible entry point into the market.
This property would suit first-time buyers or practical downsizers looking for a home that balances character with modern livability, particularly those who value a renovated basement and a manageable yard. It’s a home for someone seeking a straightforward, grounded property without the premium price tag of newer or larger lots, but who still appreciates having more interior space than the neighbourhood norm.
Frequently Asked Questions
1. How does the lot size compare?
The lot is 3,552 sqft. This is around the average size for both William Newton Avenue and the broader Chalmers area, but is below the city-wide average. It’s a manageable, typical urban lot for the neighbourhood.
2. Is the home older or newer for the area?
Built in 1946, it is slightly newer than the average home on its street and in Chalmers, but older than the typical Winnipeg home. Its age is very standard for this well-established part of the city.
3. What does the "above average" living area mean practically?
At 1,270 sqft, the home has more interior space than approximately 78% of similar properties on its street and 89% in Chalmers. You are getting a home that is roomier than most direct comparables in the vicinity.
4. Why is the assessed value so much lower than the city average?
The assessed value reflects the local market in Chalmers, where property values are generally lower than the Winnipeg-wide average. This is typical for the area and indicates a more affordable price point relative to the entire city.
5. What is the significance of a detached garage?
A detached garage provides flexible storage, workshop space, or parking separate from the house. It can be a plus for hobbyists or those needing extra storage, though it may be less convenient in winter than an attached garage.