816 Chalmers Avenue E

Property Overview

816 Chalmers Avenue E is a modest, one-storey home in Winnipeg's East Elmwood neighbourhood. Built in 1955, it sits on a notably generous lot for the immediate area. The home's appeal lies in its efficient footprint and its position as a relatively affordable entry point into the market. It particularly suits first-time buyers, downsizers looking for minimal upkeep, or investors seeking a straightforward rental property. While its living space is compact, the above-average land area offers valuable outdoor space and potential for future expansion, such as a garden, shed, or deck, which is a significant perk in this price range.

Key Details & FAQs

• Living Area: 912 sq. ft.
• Land Area: 4,343 sq. ft.
• Year Built: 1955
• Style: One Storey
• Garage: Detached

Frequently Asked Questions

1. How does this home compare to others in the area?
The home is competitively positioned within its immediate neighbourhood. Its living space is near the average for East Elmwood, but it stands out with a larger-than-average lot size on its street, offering more outdoor space than many comparable properties.

2. Is this a good value for a first-time buyer?
Yes, it represents a classic starter home. The assessed value is below the East Elmwood average, suggesting a relatively lower property tax burden. The combination of a manageable house size and a good lot provides a balance of indoor living and outdoor potential without a premium price tag.

3. What should I consider about the home's age?
Built in 1955, it is newer than many homes on its street but will still require a careful inspection for updates to major systems like plumbing, electrical, and the roof. Its era suggests solid construction but also the potential for outdated materials or layouts.

4. What is the potential for adding on or renovating?
The generous lot is the key asset here. It provides clear space for additions, a large garage, or landscaping projects, subject to local zoning and permit approvals. The one-storey design also simplifies potential roof-line expansions.

5. How does the last sale price relate to the current assessed value?
The home sold for $16,600 in late 2016. The current assessed value of $20,300 reflects the municipal valuation for taxation purposes, not market value. Market value is determined by current sale prices of similar homes, which can be higher or lower than the assessed value.