Property Overview & Key Characteristics

This 1977 bi-level home at 301 Union Avenue W in Winnipeg's Chalmers neighborhood presents a specific and practical value proposition. Its key appeal lies in being a more modern structure within an area of predominantly older homes, offering a renovated basement and a very manageable size. With a living area of 654 sqft, it is a compact home, ranking below average in size for its street, neighborhood, and city. However, its lot size of 2,263 sqft is also below the local averages, suggesting a low-maintenance yard.

The home’s assessed value is above average for its immediate area but below the Winnipeg city-wide average, indicating a relatively affordable entry point into the market. It last sold for $230k in early 2025. This property would best suit first-time buyers, downsizers, or investors seeking a straightforward, modern-built home with recent updates (the basement) that requires less upkeep than larger, older properties. Its compact nature means efficiency is a priority over spaciousness.

Frequently Asked Questions

1. How does the year built affect this home?
Built in 1977, this bi-level is significantly newer than most homes on its street and in Chalmers, where average build years are from the early 1900s. This often translates to modern wiring, plumbing, and building materials, potentially reducing immediate repair costs compared to a century-old home.

2. Is the living space too small?
At 654 sqft, the above-ground living area is compact. The renovated basement provides additional functional space. This layout suits those looking to minimize cleaning, heating, and overall maintenance, but may feel cramped for a growing family or those who work from home without a dedicated office space.

3. What does the below-average lot size mean for me?
The 2,263 sqft lot is smaller than most in the area. This is a advantage for buyers who want minimal yard work, but a drawback for those envisioning extensive gardening, large outdoor gatherings, or future expansions like a sizable deck or garage.

4. Why is the assessed value so different from the city-wide average?
The assessed value ($23,600) is for municipal tax purposes and is not a market price. It is above average for this specific local area but well below the Winnipeg average, reflecting the home’s modest size and the neighborhood’s general property values compared to more expensive city sectors.

5. Who might this property not suit?
It may not be ideal for buyers who need multiple bedrooms, dedicated hobby spaces, or who place a high value on a large, private yard. Its compact and efficient nature is a specific trade-off that maximizes affordability and ease of maintenance over roominess.