Property Overview: 31 Jameswood Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1957, presents a straightforward and affordable entry point into Winnipeg’s Jameswood neighborhood. With 1,014 sqft of living space on a roughly 5,300 sqft lot, its size is typical for the immediate street and area. The home lacks a basement, pool, and garage, which simplifies the property and reduces maintenance complexity.
Its primary appeal lies in its value and location. The assessed value is notably below average for the street and Jameswood area, suggesting a potentially lower property tax burden and an accessible price point. A thoughtful perspective is that this home is one of the oldest on its street, which can indicate a well-established, mature neighborhood with larger, older trees and settled character. It would suit a first-time buyer, an investor, or someone looking to downsize into a manageable, single-level home without the upkeep of additional features like a basement or garage. Its simplicity makes it a candidate for a live-in renovation or a long-term holder comfortable with a classic, no-frills layout.
Section 2: Frequently Asked Questions
1. What does "Elite" ranking for Year Built mean?
This means the home is one of the very first built on its street (ranked 1 out of 36), dating to 1957. It doesn’t imply luxury, but rather indicates it’s part of the original fabric of the neighborhood.
2. The assessed value seems very low compared to city averages. Why?
The assessed value is a municipal calculation for tax purposes, not market value. Its low assessment relative to the city and even the local area is likely due to the home’s age, size, and lack of features like a basement or garage, which translates to a lower property tax bill.
3. How reliable are the sold price ranges shown?
The ranges are based on public data. For the exact historical sold prices, you must request them via email from the site, as they manually verify and provide this detail to ensure accuracy.
4. Who might this property not suit?
It may not suit buyers who require significant storage (no basement or garage), desire modern, turn-key finishes, or have a growing family needing more space or separate living areas that a multi-level home provides.
5. Is the lot size a pro or con?
At just over 5,200 sqft, the lot is average for the area. It offers a decent outdoor space for gardening or relaxing without the extensive maintenance of a much larger yard, which can be a positive for those seeking balance.