Property Overview
1202 Mccalman Avenue is a well-situated one-storey home in East Elmwood, built in 1955. Its primary appeal lies in a combination of a generous, above-average lot and a recently renovated basement, offering solid value within its neighborhood context. The home itself, at 884 sqft of living space, is modest and typical for the area, but it sits on a 6,129 sqft lot that ranks within the top 5% of East Elmwood—a significant feature for those valuing outdoor space, potential expansion, or simply a less crowded feel. With a detached garage and a sale price in late 2020 of $23.5k, it presents as an affordable entry point into the Winnipeg market.
This property would suit first-time buyers or practical investors looking for a manageable footprint without sacrificing yard size. It’s a home for someone who values the potential of the land as much as, or more than, the existing structure. The renovated basement adds immediate functional living space, making it move-in ready for a small household or a buyer comfortable with a home whose interior size is average for the street but whose land holding is a standout asset.
Frequently Asked Questions
1. How does the lot size compare to others?
The land area of approximately 6,129 sqft is a key feature. It ranks in the top 6% on Mccalman Avenue and the top 5% in the wider East Elmwood area, meaning it is significantly larger than most comparable neighborhood lots.
2. Is the home recently updated?
The basement has been renovated, providing modernized living space. The main house, built in 1955, is of an age where systems like roofing, plumbing, and wiring should be carefully evaluated for their current condition and remaining lifespan.
3. Who would this home best suit?
It's ideal for a first-time buyer or an investor seeking an affordable property with a standout lot. The larger yard offers room for gardening, recreation, or future additions like a shed or deck, which isn't always possible with more modern, densely packed lots.
4. How does its value compare to the city average?
While its assessed value is around average for its immediate area, it is below the average assessed value for the entire city of Winnipeg. This highlights its positioning as a neighborhood-value home rather than a city-wide premium property.
5. What is the living space like?
With 884 sqft, the living area is slightly below the East Elmwood average. This suggests a compact, efficient layout. The renovated basement effectively increases usable space, but the above-ground footprint is best for a smaller household or someone comfortable with cozy living quarters balanced by a large outdoor area.