Property Summary: 751 McCalman Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in East Elmwood, built in 1939. With 750 sqft of living space and a recently renovated basement, it offers efficient, low-maintenance living on a standard city lot. Its assessed value of $230k is notably affordable compared to the Winnipeg city-wide average, positioning it as a practical entry point into the market.
The primary appeal lies in its value proposition and move-in readiness, highlighted by the updated basement. It’s a home that prioritizes function and affordability over size. This property would suit first-time buyers seeking a straightforward starter home, downsizers looking to simplify, or pragmatic investors interested in a manageable rental property. A thoughtful perspective for buyers is to see the smaller living area not just as a limitation, but as a built-in guard against excessive spending on furnishings and utilities, aligning with a more intentional and cost-conscious lifestyle.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 750 sqft, the living area is below the average for both the immediate street and the wider East Elmwood neighbourhood, making it a more compact living option.
2. Is the assessed value a good indicator of the likely sale price?
The assessed value is $230k, which is around average for McCalman Avenue but below the city-wide average. Recent sale history on the street shows prices can vary, so it's a reference point, but market conditions will ultimately determine the sale price.
3. What does a "renovated basement" typically mean for a home of this era?
While specifics should be verified, in a 1939 home this often indicates updated finishes and possibly addressing foundational moisture or insulation issues common to older basements, adding functional living or storage space.
4. What are the implications of the home's age (built in 1939)?
It suggests potential for classic charm but also means critical systems like plumbing, electrical, or the roof may be older or have been updated at various times. A thorough inspection is highly recommended.
5. How does the property rank in terms of land size?
The lot is 3,294 sqft, which is below average for the area. This means smaller outdoor maintenance but also less private space compared to many neighbouring properties.