Property Overview

This 1958 one-storey home at 393 Chalmers Avenue presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its key appeal lies in a desirable combination of a renovated basement and a detached garage, sitting on a standard city lot. With 964 sqft of living space, the home offers a manageable footprint for efficient living. The data suggests a property that stands out locally: it is newer than most homes in the immediate area and on Chalmers Avenue, and its assessed value is above average for the neighbourhood. This indicates a well-maintained or updated home relative to its peers. The land size is typical for the street but smaller than the citywide average, highlighting the neighbourhood's established, compact character.

This property would suit first-time buyers or downsizers looking for a low-maintenance, single-level layout in a mature community. It’s also a sensible fit for value-conscious buyers who prioritize move-in readiness (evidenced by the renovated basement) and the utility of a detached garage over sheer square footage. A less obvious perspective is that its above-average assessment for the area could signal stability, but buyers should be mindful that the living space is below the city average, emphasizing efficient use over expansiveness.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This should be a key point of inquiry to understand if it’s a finished living space, a modernized utility area, or includes legal secondary suite potential.

2. How does the assessed value relate to the likely listing price?
The assessed value is $260k, which is above average for Chalmers. While this can indicate a well-maintained property, market conditions and specific features will ultimately determine the listing and sale price. It serves as a useful benchmark rather than a direct price predictor.

3. Is the home suitable for a growing family?
With 964 sqft of living space and a standard lot, the home offers compact living. It may suit a small family, especially if the renovated basement provides additional functional space. Families needing multiple large bedrooms or extensive yard space might find it limiting.

4. What are the implications of the home being "newer" than others on the street?
Built in 1958, it is newer than many neighbouring homes, which often date to the early 1900s. This can suggest potentially fewer concerns with very old plumbing, electrical, or foundational systems, though a thorough inspection for a 68-year-old home remains essential.

5. What is the neighbourhood character like?
The data shows properties are close together on similarly sized lots, pointing to an established, traditional neighbourhood with a community feel. The presence of many older homes can contribute to a streetscape with character, but also a varied mix of upkeep and renovation levels.