Property Overview: 245 Jamison Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1913, presents a classic character property with practical modern updates. Its key feature is a renovated basement, adding valuable finished living space to the 1,053 sqft main footprint. The home sits on a 3,058 sqft lot with a detached garage.
The appeal lies in its position as a solid, grounded offering in the Chalmers neighbourhood. The living area is notably above average for its immediate street and the lot size is generous for the area, offering good outdoor space. With a recent sale price of $170k, it represents an accessible entry point into homeownership. The renovated basement is a significant functional advantage, providing flexibility for a family room, home office, or guest space.
This property would suit first-time buyers or practical downsizers looking for a character home without a major project, thanks to the updated basement. It’s also a fit for value-focused buyers who prioritize more interior and exterior space over a newer build date, appreciating the charm and established streetscape of an older neighbourhood.
A less obvious perspective is that its older vintage (1913) and below-average citywide assessed value, while often flagged, can translate to relatively lower property taxes—a practical, ongoing financial benefit. Furthermore, its "around average" standing within the local context suggests it's a typical, well-integrated home for the community, not an outlier.
Section 2: Frequently Asked Questions
Q: How does the age of the home (1913) affect it?
A: While older than most city homes, it's typical for the Chalmers area. This age brings character but means a thorough inspection is essential to understand the condition of original elements like wiring and plumbing, even with a renovated basement.
Q: Is the lot size a pro or con?
A: It's a definite pro for the location. The lot is in the top quarter for size on Jamison Avenue, offering more private outdoor space than many neighbouring properties—a premium in established neighbourhoods.
Q: The assessed value seems low. Does that indicate a problem?
A: Not necessarily. Municipal assessed value for tax purposes often lags behind market value and varies greatly by area. Its assessment is average for the local street and neighbourhood, reflecting the area's market rather than the condition of this specific home.
Q: Who might find the detached garage inconvenient?
A: Buyers who prioritize seamless winter access or have mobility considerations may see it as less ideal. However, it often provides excellent additional storage or workshop space for gardeners, hobbyists, or those with recreational gear.
Q: How does this home fit within the wider Winnipeg market?
A: It sits well below the citywide average for sale price, making it an affordable option. This positions it as a practical choice for buyers willing to trade a longer commute or newer suburbs for established neighbourhood charm and immediate equity in a lower price bracket.