Property Overview: 513 Harbison Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Chalmers presents a unique value proposition centered on its lot and location rather than its size. With 676 sqft of living space, the house itself is notably compact, ranking well below average for the area and city. Its primary appeal lies in its above-average assessed value for the immediate neighborhood, suggesting the property holds inherent value that outstrips its modest square footage. This is likely due to its relatively newer construction (1959) compared to many neighboring homes and its renovated basement, which adds functional space.
The property would suit first-time buyers or investors seeking an entry point into the market with a home that has clear, modernized fundamentals. It’s also a practical option for downsizers or those seeking a low-maintenance footprint without leaving the community. A thoughtful perspective is that this home represents an opportunity to own a structurally sound, updated property where your investment is anchored in the land and location, with the potential to further customize the living space over time.
Section 2: Frequently Asked Questions
1. Why is the assessed value relatively high for a home of this size?
The assessed value is above average for Harbison Avenue and Chalmers, likely reflecting the home’s renovated basement and its newer construction date compared to many area homes, which often date to the early 1900s.
2. How does the living area compare to nearby homes?
At 676 sqft, the living area is below average for the street, neighborhood, and Winnipeg overall. A directly neighboring reference property at 502 Harbison Ave W, for example, is listed at 699 sqft.
3. What is the lot size, and is it typical?
The lot is 3,090 sqft, which is very close to the average for both Harbison Avenue and the Chalmers neighborhood. It is, however, below the much larger city-wide average for lots.
4. When was it last sold, and for how much?
The home was last sold in January 2017 for $179,000.
5. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope. This would be a key question for the listing agent to understand the finish quality and how it adds to the home’s usable space.