Property Overview
572 Jamison Avenue is a one-storey home built in 1914, situated on a generously sized lot in Winnipeg's Chalmers neighbourhood. Its key appeal lies in the combination of a renovated basement, a detached garage, and a land area that is significantly larger than most properties on its street and in the local area. While the living space is comfortable and above average for the immediate vicinity, the home's assessed value positions it as a more accessible entry point within the city-wide market. This property would suit a practical buyer looking for solid fundamentals—like ample outdoor space and updated essentials—without the premium price tag of a newer build. It's particularly well-matched for someone who values a larger lot for gardening, pets, or future expansion more than they value a modern floor plan or a recently constructed home.
Frequently Asked Questions
1. How does the lot size compare to others?
The 5,086 sqft lot is a standout feature. It places in the top 8% on Jamison Avenue and the top 10% within the Chalmers neighbourhood, meaning it is substantially larger than most comparable local properties.
2. What should I know about the age of the home?
Built in 1914, the home is around the average age for its street and neighbourhood. However, it is notably older than the typical Winnipeg home. This suggests potential for classic character but also underscores the importance of a thorough inspection for an older structure.
3. Is the basement finished?
Yes, the basement has been renovated, adding functional living space to the home's 1,078 sqft main floor area.
4. How does the value compare to the rest of the city?
The assessed value is above average for Chalmers but below the Winnipeg city-wide average. This indicates the property may offer more value relative to its immediate community, while being a more budget-conscious option within the broader market.
5. Has the property value been stable?
Based on available sales data, the property sold for $26,500 in 2021 and $21,800 in 2016. This suggests a trend of increasing value over that five-year period, though market conditions have always changed.