Property Overview & Key Characteristics

This two-storey home on Desalaberry Avenue in Winnipeg's Chalmers neighbourhood presents a compelling mix of space, value, and potential. Its primary appeal lies in its generous 1,700 sqft of living area, which ranks in the top 3% for size within the neighbourhood, offering significantly more interior space than most nearby homes. The property sits on a 4,088 sqft lot and features a detached garage and a renovated basement. Built in 1954, it is a newer construction compared to many homes in Chalmers. A key, less obvious perspective is its value proposition: while its assessed value is elite for the immediate area, it sits around the city-wide average, suggesting you get more house for your dollar here compared to many other Winnipeg districts. The home last sold in 2019 for $28,700.

This property would suit practical buyers looking for ample living space without a premium price tag, particularly those interested in the established Chalmers area. It's ideal for someone who values a renovated basement as a ready-to-use space and appreciates a home that stands out in its immediate vicinity for size and relative modernity. It may also attract value-conscious investors or homeowners who see potential in a property that outperforms its local market benchmarks.

Frequently Asked Questions

1. How does the lot size compare?
The land area is below average for the city overall but is above average for the Chalmers neighbourhood. This means the yard space is typical for the area but should be considered in the context of a larger urban lot.

2. What does the "Elite" ranking for Living Area mean?
It means this home's interior square footage is larger than approximately 97% of comparable homes in the Chalmers neighbourhood. This is the property's most standout statistical feature.

3. Is the assessed value high?
The assessed value is high compared to other homes on its street and in Chalmers (ranking in the top 4% locally), which often reflects its larger size and renovations. City-wide, however, its assessment is around the average, providing useful context.

4. What is the significance of the renovated basement?
A renovated basement adds immediate functional living space without the need for initial investment. It's a practical feature that enhances livability but should still be inspected for quality and compliance.

5. The home sold for $28,700 in 2019. Is that relevant?
That sale price is a historical data point, not a reflection of current value. The significant difference between that price and the current assessed value suggests major improvements, market changes, or a unique circumstance at the time of that sale. Current market conditions will determine today's value.