Property Overview: 112 Bourkewood Place, Winnipeg
Key Characteristics & Appeal
This one-storey home in Jameswood is a classic, well-situated property built in 1957. With just over 1,000 square feet of living space and a detached garage, it sits on a generous lot of approximately 5,400 square feet. The data reveals a home that is competitively sized and valued within its immediate neighborhood. Its standout characteristic is its age relative to the area—it is among the very first homes built on its street and in Jameswood, offering a tangible sense of history and established roots.
The primary appeal lies in its strong neighborhood positioning. The home’s living area and assessed value are consistently above or around average when compared directly to its neighbors on Bourkewood Place and within Jameswood, suggesting it aligns well with local expectations. This makes it a sensible choice for value-conscious buyers seeking a stable, established community. It would suit first-time homeowners, downsizers looking for a manageable single-level layout, or investors interested in a property with proven, steady comparables in a mature area. A thoughtful perspective is that while the home may be modest by city-wide averages, its strength is its relative standing in a specific, desirable context—it’s a known quantity in a settled area, which can offer predictability.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The metrics show that for its street and the Jameswood area, this home is consistently above or near the average for key features like living area and value. This indicates it is a solid, representative property for the neighborhood, not an outlier.
2. What are the implications of the home being built in 1957?
As one of the oldest homes in the area, it likely features the construction materials and design hallmarks of its era. This can mean charm and sturdy build quality, but buyers should be mindful of the potential need for updates to major aging components like plumbing, electrical, or the roof.
3. Why is the city-wide assessed value average so much higher?
The city-wide average includes all property types and sizes across Winnipeg, from newer, larger suburban homes to condos. The more relevant comparison is the local Jameswood average, which this home meets, confirming its value is appropriate for this specific community.
4. What can the past sold price range tell me?
The sold price range from 2020 provides a historical benchmark. It suggests the home’s market value has been consistent with its assessed value. For a precise figure to guide your offer, you can request the exact sold price history via email.
5. Is the lot size a significant advantage?
At over 5,000 square feet, the lot is a strong asset. It provides ample outdoor space, which is a premium in mature neighborhoods, and offers potential for gardening, expansion, or simply more privacy than newer, denser subdivisions typically provide.