Property Overview: 40 Bourkewood Place, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This one-storey home, built in 1957, is a classic Jameswood property that offers solid, no-fuss living. Its primary appeal lies in its established neighbourhood context and efficient footprint. With 1,014 sqft of living space on a 5,397 sqft lot, the home is notably above average in size for its immediate street, ranking in the top 29%. While its assessed value is consistent with the local area, the home’s age is a standout feature on Bourkewood Place, ranking in the elite top 2%, indicating it is one of the original homes in this mature, settled part of the community.
The property suits practical buyers looking for a straightforward, single-level layout without a basement. Its detached garage and manageable lot size offer convenience without excessive upkeep. This home would particularly appeal to a first-time buyer, a downsizer, or an investor seeking a character home with a proven, stable history in a long-established neighbourhood. Its value is rooted more in its location and lot than in square footage, offering a sense of space and permanence that is increasingly rare in newer subdivisions.
Frequently Asked Questions
1. Why is the year built considered an "elite" ranking?
In this context, it means 40 Bourkewood Place is one of the very first homes built on the street. This often indicates a well-situated lot within the original neighbourhood plan and a home with a known, long-term history in the area.
2. How does the living area compare to nearby homes?
The home is actually more spacious than most on its own street, ranking in the top 29%. It provides more interior space than the typical Bourkewood Place home, while being close to the average for the wider Jameswood area.
3. What does "Basement: No" mean for this property?
It indicates this is a true one-storey home, likely built on a slab foundation. This means no lower-level storage or living space, which simplifies maintenance but reduces storage and potential for expansion.
4. The assessed value seems low compared to the city-wide average. Why?
The assessed value shown (30.50k) is for municipal tax purposes and is not the market value or sale price. The city-wide average for this metric is also proportionally low (390k). Market value would be significantly higher and is not directly reflected in this tax assessment figure.
5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly displayed in detail here. As noted, you can request the precise history via email from the source; they provide the data manually without using your contact for marketing.