Property Overview: 30 Paisley Place, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Jameswood presents a compelling mix of vintage charm and modern practicality. Built in 1957, it is one of the older homes on its street, offering classic character. With 937 sqft of living space, the home is cozy and efficient, appealing to those seeking a manageable layout without excess. A key feature is the renovated basement, which adds valuable finished space. The property sits on a just-under 5,000 sqft lot, providing decent outdoor space for its neighborhood context.
The primary appeal lies in its financial profile. Despite its smaller size, the home holds an assessed value that is above average for Paisley Place and solid for the wider Jameswood area. This suggests it is viewed as a well-maintained or improved property within its peer group. It represents an opportunity for value-conscious buyers—perhaps first-time homeowners, downsizers, or investors—who prioritize a renovated, move-in ready basement and a lower-maintenance footprint over sheer square footage. It’s a practical choice for someone who wants to live in a settled neighborhood without the upkeep of a larger, newer property.
Frequently Asked Questions
1. Is the house smaller than others nearby?
Yes. At 937 sqft, the living area is below the average for both Paisley Place and the Jameswood neighborhood. This indicates a more compact, efficient home.
2. Why is the assessed value relatively high for its size?
The above-average assessment for the street likely reflects the renovated basement and the overall condition or improvements made to the property, as assessed value considers more than just square footage.
3. What does the "Elite" ranking for Year Built mean?
It means this home (built in 1957) is among the very first built on its street and in Jameswood. This isn't about luxury, but about historical placement—it's part of the neighborhood's original fabric.
4. Is the lot size a drawback?
The lot is below average for the immediate area but is close to the city-wide average. It offers a manageable yard for gardening or relaxation without demanding extensive landscaping work.
5. Who would this property suit best?
It’s an ideal fit for a first-time buyer, a downsizer looking to simplify, or a pragmatic investor seeking a renovated property with a strong value proposition in a mature neighborhood. It suits those who value financial efficiency and low-maintenance living over expansive space.