1073 Mccalman Avenue

Property Overview

1073 Mccalman Avenue is a well-maintained, one-storey home in Winnipeg's East Elmwood neighborhood. Built in 1956, it features 980 square feet of living space, a renovated basement, and a detached garage on a standard 4,268 sqft lot. Its assessed value is notably strong for its immediate area, ranking well above the local averages. The home last sold in June 2020.

Section 1: Key Characteristics & Appeal

The primary appeal of this home lies in its solid positioning within a stable, established neighborhood. It offers a practical, move-in-ready layout with the added value of a renovated basement, providing extra living or storage space. The detached garage is a key asset for vehicle protection or workshop space.

Its standout characteristic is its above-average assessed value for both the street and East Elmwood area, suggesting it is a well-regarded property in its local market context. While its living space is modest by city-wide standards, it is actually above average for Mccalman Avenue itself, indicating it fits perfectly within the scale of its specific community.

This property would best suit first-time homebuyers, downsizers, or pragmatic investors seeking a manageable, low-maintenance home without major renovations. It’s ideal for someone who values a quiet, residential street, a finished basement for flexibility, and a property that holds its value well relative to its immediate peers.

Section 2: Frequently Asked Questions

1. Is the renovated basement a legal suite?
The details indicate a renovated basement, but do not specify it as a legal secondary suite. Buyers should verify its permitted use with the city if considering rental income.

2. How does the assessed value compare to the likely sale price?
The assessed value ($29.10k) is for taxation purposes and is typically much lower than market value. The 2020 sale price was $27.10k, but current market conditions will determine the actual listing and sale price.

3. What does "above average for the street but below average city-wide" really mean?
This highlights the importance of neighborhood context. The home offers more space and a higher assessment than many on its block, making it a strong local contender. The city-wide comparison simply reflects that newer suburbs often have larger homes on bigger lots.

4. What are the implications of the home being built in 1956?
While newer than many homes on its street, a 70-year-old home will likely have aging core components, like the roof, windows, or plumbing. The renovated basement is a plus, but a thorough inspection of the original structure is essential.

5. How does the detached garage affect property use?
A detached garage provides excellent storage or workshop space and can ease parking. However, it may require separate maintenance (e.g., roof, door) compared to an attached structure, and accessing it from the house in winter is less convenient.