Property Overview: 440 Chelsea Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1954-built home in Munroe West presents a balanced offering of space and value. With 912 sqft of living area, the house is comfortably sized for its immediate area and neighbourhood, sitting close to the local averages. Its primary standout feature is the generous 5,851 sqft lot, which is notably larger than most on Chelsea Avenue and in the wider Munroe West area, offering ample outdoor potential.
The appeal lies in its established neighbourhood setting and its strong value proposition within the local context. The assessed value of $300k is above the Munroe West average, suggesting the property is well-regarded in its direct market, while being positioned below the city-wide average, indicating a more accessible price point for Winnipeg. This combination makes it a practical choice for buyers seeking a character home with a sizable yard without a premium city-wide price tag.
This property would suit first-time buyers or downsizers looking for a manageable home in a mature neighbourhood. It’s also a sensible fit for value-oriented buyers who prioritize land size over a large interior footprint, seeing potential in the generous lot for gardens, expansion, or simply more private outdoor space.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 912 sqft, the living space is very close to the average for both Chelsea Avenue (978 sqft avg.) and the Munroe West neighbourhood (958 sqft avg.). It offers a typical footprint for the area, but is notably smaller than the city-wide average home.
2. Is the assessed value of $300k typical for the area?
It’s actually above the Munroe West average assessed value of approximately $273.5k, placing it in the top 27% of the neighbourhood. This suggests the property is considered a higher-value home within its local market.
3. What is the most distinctive feature of this property?
The land size. The lot of 5,851 sqft ranks in the top 13% on its street and top 17% in Munroe West, meaning you get significantly more yard space than most comparable properties in the immediate vicinity.
4. When was it last sold and for how much?
Records indicate a sale in February 2019, with a sold price in the range of CA$250,000 to $300,000. Exact figures require a manual lookup through the site’s verification service.
5. How does the age of the home compare?
Built in 1954, it is slightly newer than the average home on its street (1950 avg.) and in Munroe West (1945 avg.), but is generally consistent with the age of housing stock in this established part of Winnipeg.