Property Overview
This 998 sqft, one-storey home on a spacious 4,801 sqft lot presents a practical opportunity in East Elmwood. Built in 1955, it is newer than many on its street. The home’s key appeal lies in its land size, which is well above average for the immediate area, offering room for gardening, play, or future expansion. With a detached garage and a recently confirmed sale price, it represents a straightforward, entry-level property.
It particularly suits first-time buyers or practical investors looking for a solid footprint in a mature neighbourhood without the premium of a fully renovated home. Its value is grounded more in its lot potential and location than in its current interior size or finishes, making it a candidate for those comfortable with a home that may require updates over time.
Frequently Asked Questions
How does the home’s size compare to others?
At 998 sqft of living space, it is very close to the average size for both Chalmers Avenue E and the wider East Elmwood neighbourhood.
Is the lot size a significant feature?
Yes. The lot of 4,801 sqft ranks in the top 11% on its street, meaning it is substantially larger than many neighbouring properties. This is one of the home's standout characteristics.
What does the assessed value indicate?
The municipal assessed value of $22,300 is around average for the street but below average for both East Elmwood and Winnipeg overall, which may reflect the home’s condition, size, or features relative to broader markets.
How does the year built affect the property?
Built in 1955, it is a newer home compared to others on Chalmers Avenue E, where the average build year is 1938. This could suggest potentially fewer issues associated with very old construction.
Are there recent comparable sales nearby?
Yes. The listing references nearby recent sales, such as 823 Manhattan Avenue and 382 Kent Road, which are similar in age, size, and assessed value, providing a benchmark for the local market.