Property Overview: 188 Chalmers Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 1913, presents a unique profile centered on space and value within its established neighbourhood. Its most standout feature is the generous living area of 1,388 sq ft, which ranks within the top 5% of similar homes on Chalmers Avenue, offering significantly more interior space than most direct neighbours. The property sits on a 3,384 sq ft lot and includes a detached garage. It’s important to note the home has a basement, but it is not renovated.

The primary appeal lies in its above-average interior space at a price point that remains accessible. The recent sale price of $33,100 significantly exceeded both the assessed value and the neighbourhood average for comparable sales, indicating strong market interest for homes of this size in the area. This property would suit a practical buyer looking for a character home with ample room, who is comfortable with a structure over a century old and may have plans for future updates. It’s a solid candidate for someone prioritizing square footage and location over modern finishes, possibly seeing value in the underlying lot and the potential of the unrenovated spaces.

Frequently Asked Questions

1. Is the sale price typical for this area?
No, the sale price of $33,100 was well above the average for similar homes in both the immediate street and the broader Chalmers neighbourhood, placing it in the top 4% of recent sales. This suggests the property’s specific characteristics, like its larger living area, commanded a premium.

2. How does the home’s age affect it?
Built in 1913, the home is older than most on its street and city-wide. This typically means potential for classic architectural details but also necessitates a careful review of core systems (plumbing, electrical, structure) and likely higher maintenance considerations compared to a newer build.

3. What does the "below average" city-wide assessed value mean?
While the assessed value is above average for its immediate area, it is below the Winnipeg city-wide average. This primarily reflects the home’s location and the lower overall property values in its part of the city compared to some other districts, not necessarily the condition of this specific house.

4. The living area is large, but the lot size is noted as "below average." Is that a concern?
The lot is smaller than the city average but is quite typical for the Chalmers area. The key point is the efficient use of space: the house itself offers more interior room than most neighbouring properties, which could be a favourable trade-off for buyers who prioritize indoor living space over extensive outdoor land.

5. Are there comparable properties nearby?
The listing references 222 Martin Avenue W as a nearby comparison. It is a similar vintage (1914) with a lower assessed value but also notably less living area (1,040 sq ft). This highlights how 188 Chalmers Avenue’s larger interior space is a defining and likely value-driving feature.