Property Overview: 299 Jamison Avenue, Winnipeg
Key Characteristics & Appeal
This 2023-built, one-storey home in Chalmers offers a unique proposition as a modern, low-maintenance property on a standard city lot. Its primary appeal lies in its combination of new construction and a renovated basement within a more established neighbourhood. With 1,001 sqft of living space, it is comfortably above average for its immediate street but offers a more compact, efficient layout compared to the typical Winnipeg home.
The data reveals thoughtful nuances: while the land size is typical for the area, the property stands out dramatically for its newness, ranking in the top 1% for year built both on its street and in the wider neighbourhood. This suggests a rare opportunity to own a new build without the premium lot size often associated with new subdivisions. The assessed and recent sale values are notably strong for the local context, indicating perceived durability and modern finishes. It suits a first-time homebuyer, a downsizer seeking single-level living, or an investor looking for a modern, turnkey property with a finished basement for rental potential or flexible space. The lack of a garage positions it for buyers comfortable with street parking or adding a structure later.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finish or layout. This is a key point for clarification, as it could range from a finished recreational room to a separate legal suite, significantly impacting utility and value.
2. Why is the sale price higher than the assessed value?
The sale in early 2023 at $41,200k exceeded the $35,200k assessed value, which is common. Assessments for administrative purposes often lag behind market prices, especially for a unique, newer home in an area of older properties, where recent sales comparisons are limited.
3. How does the lack of a garage affect daily living?
The property has no garage, which is a consideration for vehicle storage, security, and winter conditions. The lot size of 2,546 sqft may allow for the future addition of a garage or carport, subject to local bylaws and permits.
4. Is this a good investment compared to homes in newer subdivisions?
Its value proposition is different. You are investing primarily in a new structure rather than land size. It may offer stronger relative value in the Chalmers area and appeal to tenants or buyers seeking modern amenities in a central location, but likely won't see the same land appreciation as properties on larger lots.
5. What is the neighbourhood mix like?
Being a new build on a street with an average home age dating to 1938, the property represents a changing streetscape. This can offer the benefits of an established community with newer infrastructure, but it's wise to research the specific mix of long-term residents and recent renovations on the block.