Property Overview: 307 Jamison Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1914, presents a classic character property on a standard city lot in the Chalmers neighbourhood. Its primary appeal lies in its above-average living space (1,058 sq ft) compared to nearby homes, offering more room than many in its immediate area. The property includes a detached garage and a full, unrenovated basement, presenting potential for future customization.
The home suits practical buyers looking for value and space in an established neighbourhood. It’s ideal for someone comfortable with a home of this vintage, who may see the unrenovated basement as a blank canvas rather than a drawback. A thoughtful perspective is that while the assessed value is modest citywide, it ranks well above average for its street and neighbourhood, suggesting it represents a solid, value-holding asset within its local context. This isn’t a luxury property, but a grounded opportunity for a homeowner or investor who prioritizes interior space and lot location over modern finishes.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for homes of this era. It typically means the second floor has full-height ceilings in the center of the home, with sloped ceilings or knee walls in the rooms under the eaves, creating cozy, character-filled bedrooms.
2. Is the low assessed value a concern?
Not necessarily. The assessed value is consistently above average for both Jamison Avenue and the wider Chalmers area, indicating the property is valued appropriately within its market. The lower citywide comparison reflects Winnipeg’s diverse housing stock, including many newer suburban homes.
3. What should I know about a basement that's "not renovated"?
This means the basement is in original or utilitarian condition. It’s functional space but will lack modern finishes. Buyers should budget for any desired upgrades and have a thorough inspection to assess the foundation, plumbing, and electrical systems common to a 1914 build.
4. How stable is the property's value based on its history?
The sale history shows modest appreciation between 2019 and 2020, in line with its peers on the same street. This indicates a stable, predictable value trend in its specific location rather than volatile swings.
5. What is the neighbourhood context like?
The data shows the home’s lot size and year built are very typical for Chalmers and Jamison Avenue. This suggests a consistent, established streetscape without extreme variations in property size or style, which can contribute to neighbourhood stability.