Property Overview
This one-storey home at 2 Jeannette Bay in Winnipeg's Glendale neighbourhood presents a practical and affordable entry point into the market. Built in 1977, its key feature is a renovated basement, adding valuable finished living space to the 1,068 sqft footprint. The property sits on a 5,993 sqft lot and does not include a garage or pool.
Its appeal lies in its solid baseline characteristics and relative value. The home's living area is consistently "around average" compared to neighbours and the wider city, suggesting a comfortable size for many buyers. Notably, its assessed value is below average for its immediate street, which could indicate a more accessible price point within the area. The renovated basement is a significant functional upgrade, offering flexibility for recreation, guests, or a home office.
This property would suit first-time buyers or downsizers looking for a manageable, single-level layout in a stable neighbourhood. It’s a home for those prioritizing move-in readiness (thanks to the basement renovation) over premium lot size or modern amenities like a garage. A thoughtful perspective is that while the lot is smaller than others on the street, it still offers decent outdoor space with less maintenance burden—a potential perk for busy owners.
Frequently Asked Questions
1. What does the "below average" assessed value on the street mean?
This suggests the home’s official assessed value is lower than most direct neighbours. This doesn't dictate selling price, but it can sometimes indicate a more affordable entry point on the street or reflect the home’s specific attributes compared to others nearby.
2. Is the renovated basement a legal suite?
The provided details confirm it is renovated but do not specify if it’s a legal, rentable suite. This is a critical point to verify with the listing agent or city records, as it impacts rental potential and value.
3. What are the implications of not having a garage?
Buyers should consider where vehicles will be parked, particularly in winter, and factor in the potential cost of adding a shed or carport for storage. The larger lot, however, may offer space for such an addition.
4. How does the age of the home (1977) affect things?
While major systems like roof, windows, and plumbing may be due for updates or have been partially updated, the home is newer than many in Glendale and citywide. A pre-purchase inspection is essential to understand the condition of these components.
5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly listed in this summary. As noted, you can request the precise sale history by emailing the source directly, which they provide as a manual, no-spam service.