Property Summary: 411 Jamison Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1914 on a standard 2,544 sqft lot in the Chalmers neighbourhood. Its key characteristics are its modest scale—with 720 sqft of living space—and its unrenovated basement. The appeal lies in its straightforward, no-frills nature and its position as an affordable entry point into the Winnipeg market. For its immediate area on Jamison Avenue, the property is consistently around average in terms of lot size, age, and value, meaning it fits right into the existing fabric of the street.
This home would suit a practical, value-conscious buyer. It's a potential fit for a first-time buyer comfortable with a project, an investor looking for a rental property with baseline fundamentals, or someone seeking a minimal footprint. A less obvious perspective is that its very "averageness" for the street is a stability advantage, reducing the risk of over-improving for the area. Its recent sale price is significantly below the city-wide average, highlighting its role as an accessible option.
Section 2: Frequently Asked Questions
1. What does "unrenovated basement" typically mean?
It generally indicates the basement is in original or functional condition, but not modernized. Buyers should budget for potential updates to flooring, lighting, or finishes to suit their needs.
2. How does the property compare to others in Chalmers?
The home is below the neighbourhood averages for living space and assessed value, placing it in the more affordable segment of Chalmers. Its lot size and age, however, are quite typical for the area.
3. Is the land size a development opportunity?
At 2,544 sqft, the lot is standard for the street but below the wider city average. While substantial redevelopment may be limited by size, it is perfectly proportionate for the existing home or a thoughtful addition, respecting the street's character.
4. What might the assessed value indicate?
The assessed value of $160K is below city averages but aligns with similar homes in Chalmers. It reflects the home's modest size and condition. The recent sale price provides a more current market snapshot.
5. Who might this property not suit?
It may not suit those seeking a move-in-ready home with modern finishes, families requiring more square footage, or buyers prioritizing amenities like a garage or updated basement.