Property Overview: 170 Johnson Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a compact, one-and-a-half storey character house built in 1931, situated on a standard-sized lot in the Chalmers neighbourhood. Its key appeal lies in its position as an affordable entry point into homeownership. With 806 square feet of living space, an unfinished basement, and no garage, it is a straightforward, no-frills property.

The home suits first-time buyers, investors, or downsizers seeking minimal upkeep and a lower financial barrier to entry. Its assessed value is significantly below city averages, indicating a lower property tax burden. A thoughtful perspective for the right buyer is the potential in the unfinished basement, which offers a blank canvas for future expansion or storage solutions without the premium of a previously renovated space. The lot size, while below average for the street, is still generous relative to the home's footprint, offering outdoor space. The data suggests that within its immediate area and neighbourhood, the home is fairly typical in terms of age and living area, meaning it fits the local context rather than standing out as an anomaly.

Section 2: Frequently Asked Questions

1. What is the true size and layout potential?
The home has 806 sqft of finished living space across one and a half storeys. Buyers should consider if the classic, compartmentalized layout of a 1930s home suits their needs, and view the unfinished basement as a key factor for future storage or expansion potential.

2. How does the assessed value impact ongoing costs?
The assessed value is notably low, even compared to the local area. This typically translates to lower municipal property taxes, which is a significant ongoing cost advantage for the budget-conscious owner.

3. What does "below average" for land area on this street mean?
The lot is 2,875 sqft, which is smaller than the average on Johnson Avenue W but is close to the average for the wider Chalmers neighbourhood. It provides a manageable yard without excessive maintenance.

4. Who might this property not suit?
It may not suit buyers requiring ample indoor storage, a garage, modern open-concept living, or a move-in-ready basement. The scale is best for individuals, couples, or those comfortable with cozy, efficient spaces.

5. The home sold in 2022. What does that recent sale indicate?
The 2022 sale price of $120k provides a concrete, recent market benchmark. It underscores the home's position in the affordable segment and offers a clear point of comparison for any current listing price.