Property Overview
This one-storey home at 24 Listowel Bay in Winnipeg's Jameswood neighborhood presents a straightforward, value-oriented opportunity. Built in 1957, it sits on a generous 6,028 sqft lot and offers 1,092 sqft of living space. Key features include an attached garage and no basement. The home's appeal lies in its solid positioning within its immediate area: it boasts above-average lot size and living area for Jameswood, and it is one of the older, more established homes on its street, suggesting a mature setting. The assessed value is modest and in line with area averages.
It would suit a first-time buyer or practical investor looking for a manageable, single-level footprint in a stable neighborhood. Its above-average metrics within Jameswood, contrasted with its average city-wide standing, highlight it as a local value rather than a city-wide standout. The very mature age of the home (69 years) appeals to those who appreciate classic construction but implies that condition and updates will be a primary consideration.
Frequently Asked Questions
1. What does the ranking data (e.g., "Top 24%") actually tell me?
It shows how this property compares to similar homes in three geographic circles: its own street, the broader Jameswood area, and city-wide. For example, its living area is in the top quarter for Jameswood, meaning it's larger than most comparable local homes, which is a positive local differentiator.
2. The home was built in 1957. What should I be aware of?
While the age indicates an established neighborhood, it necessitates a focus on the condition and age of major systems (roof, wiring, plumbing, windows) and potential for older materials like original galvanized plumbing or knob-and-tube wiring. Its "elite" ranking for age in Jameswood simply means it's among the oldest homes there, which is a neutral fact that could mean well-established roots or a greater need for updates.
3. Why is the city-wide average assessed value ($390k) so much higher than the local averages shown ($30k-$32k)?
This is likely a display error or formatting issue in the data source. The meaningful comparisons are the local ones (street and Jameswood area), where the assessed value of $32.5k is consistent with area norms. Always verify current assessment and market values through official channels or a real estate professional.
4. There's no basement. How does that affect storage and utility space?
This significantly reduces storage and potential for a secondary living area or easy access to mechanical systems. The attached garage and the overall lot size may offset some storage needs. Buyers should consider if the single-level living suits their lifestyle and where furnace, water heater, and laundry are located.
5. How accurate are the sold price ranges shown, like "22.50k ~ 25.50k" from 2017?
As noted, these are estimated ranges from public data. For precise historical sale prices to understand market trends, you must request the exact data via the provided email service. This is a common practice to ensure data accuracy and compliance with local regulations.