Property Overview

This 1913-built, one-and-three-quarter storey home on Bowman Avenue in Winnipeg's Chalmers neighbourhood presents a specific and compelling value proposition. Its key appeal lies in the generous living space of 1,256 sq ft, which is significantly above average for both its immediate street and the wider neighbourhood. This is housed on a 2,500 sq ft lot that is typical for the area. The home features a detached garage and a basement that is noted as being unrenovated. The most defining characteristic is its assessed value, which is modest and sits well below the citywide average, reflecting its older vintage and likely the need for updates.

The property suits practical, value-oriented buyers. It's ideal for someone seeking ample interior space at an accessible price point, who is comfortable with a home that requires modernization. It could appeal to a hands-on renovator looking for a solid structural canvas, or an investor seeking a rental property with strong square footage relative to its cost basis. The appeal is less about premium finishes or a large yard, and more about the potential locked within its above-average floor plan and straightforward lot.

Frequently Asked Questions

1. What does "one-and-three-quarter storey" mean for this home?
This style typically features a full main floor and a second floor where the roofline slopes into the walls, creating cozy, character-filled bedrooms with potentially reduced ceiling height in certain areas. It's a classic Winnipeg architectural style.

2. The assessed value seems low. What does this indicate?
The assessed value is for municipal tax purposes and reflects factors like age, condition, and recent sales in the area. Its level, which is above average for the neighbourhood but far below the city average, suggests a solidly built home in a stable area that likely requires significant interior updates to align with modern standards.

3. How should I interpret the "above average" living area ranking?
This is the home's standout feature. You are getting substantially more interior space than most homes on the street and in Chalmers. This means more room for a growing family, dedicated workspaces, or renovation flexibility compared to other homes at a similar value point.

4. What is implied by the "basement, not renovated" note?
This confirms the basement is in original or functional condition, not modernized. It offers valuable storage and utility space but will likely need work (such as moisture proofing, flooring, and finishing) if you wish to convert it into comfortable living or recreational space.

5. Who might this property not be suitable for?
It may not suit buyers seeking a move-in-ready home with modern amenities, or those unwilling to undertake renovation projects. The value here is in the space and the lot, not in turnkey condition.