Property Overview: 899 Mccalman Avenue, East Elmwood, Winnipeg
Key Characteristics & Buyer Appeal
This one-and-a-half storey home, built in 1946, presents a practical opportunity in Winnipeg's East Elmwood neighbourhood. Its key appeal lies in its efficient scale and established location. With 1,075 square feet of living space, the home is notably above average for its immediate street and neighbourhood, offering more room than many comparable local properties. The lot size of approximately 4,393 square feet is also solid for the area, providing decent outdoor space.
The home’s assessed value positions it as a more accessible entry point within the city’s market. This creates a distinct value proposition: you get a living area that ranks well locally on a property with a below-average citywide assessment. It suits first-time buyers or practical investors looking for a home with character in a mature neighbourhood without a premium price tag. The very close proximity of neighbouring homes, typical for the area, suggests a strong community feel but prioritizes indoor and backyard living over expansive privacy.
Frequently Asked Questions
1. How does the sale price compare to the assessed value?
The home sold for $24,500 in January 2024, which is slightly above its $21,600 assessed value. This indicates the market price aligned closely with, but slightly exceeded, the official valuation at that time.
2. Is the living space larger than most homes nearby?
Yes. The living area ranks in the top 17% on its own street and the top 28% within East Elmwood, meaning it is genuinely larger than many of its direct neighbours and area contemporaries.
3. What does the "below average" citywide assessed value mean for me?
While the home is spacious for its neighbourhood, its assessed value falls in the bottom 30% citywide. This typically translates to a relatively lower property tax burden compared to the Winnipeg average, which is a key ongoing cost savings.
4. Are homes on this street similar in age and size?
The home is typical for the street, which is primarily made up of houses built in the late 1940s. However, at 1,075 sq ft, this property is larger than the street's average (926 sq ft), so it may feel roomier than others on the block.
5. What is the neighbourhood context of East Elmwood?
East Elmwood is a long-established neighbourhood. The home's metrics—like its age and lot size—are very typical here. Buyers can expect a stable, residential area with older home charm, where this particular property offers a bit more interior space than many of its peers.