Property Overview: 341 Jamison Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a standard city lot in Chalmers is a straightforward, no-frills property. Built in 1922, its 789 sqft of living space and unrenovated basement present a classic canvas. The detached garage and a lot size that is typical for the immediate street are practical features.
Its primary appeal lies in its position as a comparative value within its locale. The home last sold for $180,000, which was around the average for the street and neighbourhood at the time, suggesting it’s priced accessibly for the area. It suits first-time buyers or investors looking for an entry point into the market without premium costs, or someone seeking a modest home with the potential to customize over time. A thoughtful perspective is that its very "averageness" in the neighbourhood context could mean less competition and more negotiation room compared to standout properties, while still offering the stability of a well-established community.
Section 2: Frequently Asked Questions
1. What does "unrenovated basement" typically imply?
It usually means the basement is in original or functional condition, but not modernized. Expect basic finishes, and budget for potential updates like flooring, lighting, or moisture management to suit your needs.
2. How does the lot size compare?
At 2,544 sqft, the lot is slightly below the average for both the Chalmers neighbourhood and Winnipeg overall, but is very typical for Jamison Avenue itself. This means outdoor space is manageable for upkeep.
3. The home is over 100 years old. What should I consider?
While the structure has proven its durability, a focused inspection for aging components like the roof, foundation, plumbing, and wiring is essential. The upside is that older homes often feature solid construction and simpler layouts to update.
4. The assessed value seems low. Does that affect the sale price?
Municipal assessed value for tax purposes is often lower than market value. The last sale price of $180k is a more relevant benchmark, and it aligned with area averages at that time.
5. Who are the typical neighbours?
The listing shows nearby properties with similar assessed values, suggesting a mix of long-established homes. The presence of a newly built home (398 Jamison, built 2020) on the same street indicates an area where gradual renewal is happening.