Property Overview

This is a compact single-family home built in 1960, located on Ottawa Avenue in the Chalmers area of Winnipeg. With roughly 798 square feet of living space on a 3,001-square-foot lot, it’s a smaller, older property that falls well below citywide averages for both size and assessed value. The home ranks in the bottom 9% citywide for living area and bottom 11% for assessed value, though within the Chalmers neighbourhood and on its own street, those numbers sit closer to the middle of the pack. The assessed value of about $221,000 is slightly above the local street and area averages, suggesting the property holds its own relative to nearby homes despite its modest size.

What Makes It Appealing and Who It Suits

The main draw here is affordability and relative value within a specific pocket of Winnipeg. For buyers looking to get into Chalmers—a neighbourhood that may offer more reasonable prices than other parts of the city—this property represents a lower-cost entry point. The 1960 build means it’s likely a solid, post-war construction with simpler bones, which can appeal to someone who wants a manageable project or doesn’t need a large footprint. The land-to-house ratio is also worth noting: a 3,001-square-foot lot on a 798-square-foot home leaves some outdoor space, which is less common for entry-level properties in denser areas. This could suit first-time buyers, downsizers, or investors seeking a rental with modest carrying costs. The rankings show the home is “around average” for its street and area—not a standout, but not an outlier either. That predictability might appeal to practical buyers who want to avoid the premium of a top-ranked home or the risks of a fixer-upper in a declining pocket.

Five Possible FAQs

1. How does the property’s size compare to other homes in Chalmers?
The home is smaller than the typical Chalmers home—about 953 square feet is the area average, so this one is roughly 16% smaller. It ranks in the bottom 35% of its neighbourhood for living area. If you’re looking for more space, you’ll likely need to look at larger homes in the area, but for a compact layout, this is representative of the older housing stock found in parts of Chalmers.

2. Is the assessed value of $221,000 realistic, or will it likely change after a sale?
Assessed value is a municipal estimate, not a market price. It sits slightly above the street average ($207,600) and area average ($210,800), which suggests the assessor sees this home as a bit more valuable than its immediate neighbours. However, the citywide average is $390,100, so this property is well below that. A sale price could vary depending on condition, competition, and whether the market has shifted since the assessment. It’s a useful benchmark, not a firm number.

3. What’s the land like on a 3,001-square-foot lot?
That’s a relatively modest city lot, but given the home’s small footprint, you’ll have a decent yard. Lot sizes in Chalmers average around 3,500–4,000 square feet, so this is on the smaller side for the area (bottom 47%). It’s still enough for a garden, small shed, or patio, but don’t expect a sprawling backyard. The land-to-building ratio is actually favourable for someone who wants outdoor space without a huge property to maintain.

4. How does the 1960 build year affect things like maintenance or energy efficiency?
Homes from that era typically have solid foundations and framing, but insulation, windows, and mechanical systems may be original or less efficient. The year ranks in the top 11% on Ottawa Avenue and top 15% in Chalmers—meaning it’s newer than many houses in the immediate area, but still old compared to newer infill builds. You’ll want to inspect the roof, furnace, and windows carefully. There’s potential for solid bones, but upgrades should be budgeted for.

5. How does this property compare to others on Ottawa Avenue specifically?
On its own street, the home is fairly typical. It ranks near the middle for value (top 43%) and above average for year built (top 11%), but below average for lot size (bottom 31%) and living area (top 47%). That means it’s a newer-than-average home on a smaller lot with a slightly compact floor plan, priced competitively relative to its street. It’s not a standout in any single way, but the combination might offer a balanced, low-surprise option for someone who wants to buy on this street without paying a premium.