Property Overview: 485 Jamison Avenue
Key Characteristics & Appeal
This 2017-built bi-level home at 485 Jamison Avenue presents a distinct profile. Its primary appeal lies in its modern construction, being significantly newer than most homes in the Chalmers neighbourhood and across Winnipeg. While its living space (913 sqft) is modest and its lot size (2,540 sqft) is smaller than area averages, this translates to lower maintenance—a key point for first-time buyers, downsizers, or investors seeking a modern, manageable property. The home features an unfinished basement, offering blank-canvas potential for future expansion or storage.
The property suits practical buyers who prioritize modern building systems and efficiency over sheer size. Its above-average assessed value for the immediate area suggests it is viewed as a solid asset within its local context, despite being below the city-wide average. This is a home for someone looking for a turn-key, newer build in an established neighbourhood without the upkeep of an older house or a large yard.
Frequently Asked Questions
1. What are the main advantages of this home being built in 2017?
The primary advantages are modern construction standards, newer major systems (like plumbing, electrical, and insulation), and likely greater energy efficiency compared to the neighbourhood's predominantly older housing stock. This can mean lower immediate repair costs and predictable utility bills.
2. The lot size is noted as "below average." How significant is this?
The lot is smaller than many in the area, which limits extensive outdoor projects but reduces landscaping and yard maintenance time and cost. It’s a practical trade-off that aligns with a low-maintenance lifestyle.
3. Who would the unfinished basement benefit most?
It offers flexibility. For an investor or a buyer on a budget, it’s inexpensive storage or utility space. For a future owner willing to renovate, it represents potential to add significant living area and value, subject to permits and investment.
4. How should I interpret the assessed value being "above average" for the street but "below average" city-wide?
This indicates the property is a higher-value home on its specific street and within Chalmers, reflecting its newer build. The city-wide comparison includes many larger, more expensive homes in different market segments. It’s most relevant to compare it to similar properties in its immediate area.
5. What is the significance of the home being a bi-level design?
Bi-levels typically feature living areas on one upper level and bedrooms on a lower level, often with a short staircase separating them. This can offer good separation of space but may be less suitable for those seeking single-level living or with significant mobility considerations.