Property Overview: 578 Jamison Avenue
Key Characteristics & Buyer Appeal
This 2019-built bi-level home on Jamison Avenue in Chalmers offers a modern, low-maintenance foundation in a neighborhood of predominantly older homes. Its primary appeal lies in its contemporary construction, requiring fewer immediate repairs or updates compared to the area's average. With 939 sqft of living space and a full (though unrenovated) basement, it provides essential space for a small household or first-time buyer.
The property suits practical buyers seeking a newer home without a premium price tag. It’s ideal for someone who values modern building standards and efficiency over size or a turn-key finish. A thoughtful perspective is the lot size: at 2,543 sqft, it's smaller than many in the city but is actually around average for the immediate street, offering a manageable yard. While the assessed value is above average for the local area, it remains well below the city-wide average, suggesting a more accessible entry point into a newer build.
Frequently Asked Questions
1. What does "bi-level" mean for this home?
A bi-level typically means you enter on a middle landing, with stairs leading up to the main living areas and down to a lower level. This home includes a full basement, which adds potential for future expansion or storage.
2. How does the 2019 build year impact this purchase?
A home built in 2019 is significantly newer than most in Chalmers, where the average home was built in the 1930s. This likely means newer major systems (like plumbing, electrical, and insulation), potentially lower maintenance costs, and compliance with modern building codes.
3. The assessed value seems low. What does that indicate?
The assessed value is for municipal tax purposes and is not the market value. Its lower city-wide ranking reflects the home's smaller size and location. The sale history shows it last sold for $300,000 in 2019, which is a more relevant benchmark for its market price.
4. What are the trade-offs for buying a newer home in this area?
The trade-off is often space. You get a modern structure, but the living area is compact compared to the Winnipeg average. You're investing in the building's condition and efficiency rather than square footage.
5. Is the basement finished?
No, the basement is noted as "not renovated." This means it is unfinished space, offering a blank canvas for future development to add living area, but it will require an additional investment to do so.