Property Summary: 2207 Ness Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This is a compact, one-storey home built in 1957 on a standard-sized lot in the Jameswood area. Its key characteristic is its modest scale: with a living area of 884 sqft, it is notably smaller than most comparable homes on its street, in the neighbourhood, and across Winnipeg. This is reflected in its assessed value of $250,000, which sits below the citywide average.
The primary appeal lies in its position as an accessible entry point into the market. It suits first-time buyers, downsizers, or investors seeking a lower-priced asset with renovation potential. The home’s age is actually a relative strength within Jameswood, ranking in the top 2% for being older than area comparables, which may interest those who appreciate the character of mid-century builds. A thoughtful perspective is that its smaller size translates to lower utility costs and less maintenance, offering a simpler, more efficient lifestyle. It’s a property for a pragmatic buyer who values location and lot over square footage, viewing the home itself as a canvas for future updates or a cost-effective place to start.
Frequently Asked Questions
1. Is the price reflective of the home’s condition?
The sold price history and below-average assessed value suggest the price accounts for the home’s smaller size and age. It is positioned as a value-oriented listing, which often indicates a property suited for updating.
2. What are the implications of the home being “below average” in size?
While it offers less interior space, this also means lower property taxes relative to larger homes and potentially more manageable upkeep. It’s a trade-off that prioritizes affordability and lot location over living area.
3. How does the 1957 build year affect the property?
Being built in 1957 means systems like plumbing, electrical, and the roof may be due for updates or replacement. However, the data shows it’s among the older homes in Jameswood, which can sometimes indicate a well-established, stable neighbourhood.
4. Who would this property not suit?
It would likely not suit buyers looking for a move-in-ready, modern home with ample space for a growing family or those unwilling to consider potential renovations associated with an older house.
5. The data shows recent sold prices in the low $200k range. Is that accurate?
The provided sold price ranges are based on public data. For exact historical sale figures to inform your offer, you must request the precise data via email from the listing service, as noted on the detail page.