Property Overview: 1033 Mccalman Avenue, East Elmwood
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home on a quiet street offers practical, no-fuss living. Its key appeal lies in its balance of a recently renovated basement and a lot size that is generous for the neighbourhood, providing both modernized interior space and outdoor potential. At 884 sqft, the living area is typical for the immediate area but smaller than the Winnipeg average, making it a cozy and efficient layout.
The home stands out for its above-average assessed value relative to its street and East Elmwood, suggesting it is in good condition or has features valued above its direct peers. Built in 1956, it is newer than many neighbouring houses, which can be a plus for foundational integrity. The property would suit first-time buyers seeking an entry point into the market with some updates already complete, downsizers looking for a manageable single-level layout, or pragmatic investors attracted by a stable, income-generating area. A thoughtful perspective is that its strong standing on its own street indicates a property that is likely a solid performer within its specific, established community context, rather than just a city-wide comparison.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 884 sqft, the home's living area is close to the average for Mccalman Avenue (926 sqft) and East Elmwood (1,065 sqft). It is a comfortably sized bungalow for the neighbourhood.
2. Why is the assessed value higher than many area averages?
The assessed value ranks in the top 15% on its own street and top 22% in East Elmwood. This typically reflects factors like the renovated basement, the home's condition, lot size, and being newer than many comparables.
3. What does the lot size offer?
The 4,408 sqft lot is above average for the street. This provides ample yard space for gardening, recreation, or future additions like a shed or deck, which is a valuable asset in an older neighbourhood.
4. Is the basement finished?
Yes, the basement is noted as renovated, adding valuable finished living or utility space to the home's overall footprint.
5. When did it last sell and for how much?
The property last sold in December 2017 for $250,000. This provides a historical benchmark, but current market conditions will determine its present value.