Property Summary: 483 Washington Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 483 Washington Avenue in Chalmers presents a distinct profile. Its primary appeal lies in its modern foundation and efficient use of space. Built in 2016, it is a notably newer construction compared to most homes on its street and across the neighbourhood, suggesting contemporary building standards and less immediate concern for major system overhauls. The home sits on a lot that is generous for the area, offering above-average outdoor space relative to local comparables. While the living area is compact at 893 sq ft, it is complemented by a renovated basement, effectively expanding the usable space.
The property’s assessed value is high for its immediate vicinity, reflecting its newer age and renovated condition. This home would suit a first-time buyer, downsizer, or investor seeking a modern, low-maintenance property in a well-established neighbourhood. It’s for those who prioritize a newer build and land size over expansive interior square footage, offering a balance between a manageable footprint and outdoor potential. A thoughtful perspective is that this property represents a “right-sized” modern insertion into an older area, offering newer infrastructure without the premium of a brand-new subdivision.
Section 2: Frequently Asked Questions
1. How does the property’s value compare?
The home’s assessed value is in the top tier for Washington Avenue and the Chalmers neighbourhood, but below the city-wide average. This indicates you are paying a premium for a newer, well-situated property in this specific area, not for a large home by broader Winnipeg standards.
2. Is the living space too small?
At 893 sq ft (plus a renovated basement), the above-ground living area is modest. It is typical for the street but below the city average. The renovated basement is a key feature that adds functional space, making the overall layout more practical than the main floor square footage alone might suggest.
3. What does the land size mean for me?
At 3,807 sq ft, the lot is larger than most in Chalmers. This is a significant advantage, offering more private outdoor space, better potential for gardening or additions, and a less crowded feel than is common in the neighbourhood.
4. What are the implications of no garage?
The lack of a garage means relying on street parking or the potential to add a shed or carport. This is a common feature for many older neighbourhoods and is reflected in the property’s characteristics. Buyers should assess on-street parking availability.
5. Why is the year built such a standout feature?
Built in 2016, this home is decades newer than the typical home on its block (average year built ~1937). This translates to modern wiring, plumbing, insulation, and windows, likely resulting in greater energy efficiency and lower near-term repair costs compared to heritage properties.