Property Overview: 11 Jameswood Drive, Winnipeg
Key Characteristics & Appeal
This is a modest, well-situated one-and-a-half storey home built in 1957. With 937 square feet of living space, it is a compact property, ranking below the average size for its immediate street and neighborhood. Its standout characteristic is its age relative to the area—it is among the very oldest homes on Jameswood Drive, which may appeal to those interested in a home with established character in a mature setting.
The home’s primary appeal lies in its efficient scale and renovated basement, offering updated living space without the upkeep of a larger property. The lot size is typical for the area at just over 5,000 square feet. The assessed value is consistent with local averages, suggesting a stable, no-surprises valuation in the market.
This property would best suit first-time buyers, downsizers, or pragmatic investors looking for an affordable entry into a settled Winnipeg neighborhood. It’s for someone who prioritizes a sensible layout and recent renovations (like the basement) over square footage, and who appreciates a home that is older than most of its neighbors, potentially indicating a well-built core structure.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 937 sqft, the living area is below the average for Jameswood Drive (~1,085 sqft) and the wider Jameswood area (~1,059 sqft). It’s a more compact home, which translates to lower utility costs and less maintenance.
2. What does the "Elite" ranking for Year Built mean?
This indicates the home, built in 1957, is among the oldest 2-3% of homes in its immediate comparison groups. It’s not a value judgment, but a fact that it has stood the test of time in that locale. Buyers should ensure inspections are thorough to account for its age.
3. Is the assessed value a good indicator of the likely selling price?
The assessed value of $30,400 is around the local average. It’s a useful baseline for property taxes, but market conditions, the home’s updated condition, and buyer demand will ultimately determine the sale price.
4. Are there recent sales history figures available?
The home sold in February 2017 for an estimated range of $23.5k to $26.5k. For the exact historical sold price, you can request the information via email from the listing source.
5. What are the implications of not having a garage?
The lack of a garage is a practical consideration for vehicle storage and extra workspace. Buyers should factor in the cost and feasibility of adding a shed or carport if needed, and consider on-street parking availability.