Property Overview: 44 Listowel Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the Jameswood neighbourhood presents a compelling blend of space, established character, and relative value. Built in 1957, it offers 1,324 sqft of living area, which is notably above average for both its immediate street and the wider Jameswood area, ranking in the top 6% and 2% respectively. This suggests a home that feels more spacious than many of its peers. A key feature is its renovated basement, adding functional living space. The property sits on a 5,400 sqft lot, which is slightly smaller than average for the street but typical for the broader area.
Its appeal lies in its position as a well-sized, updated home in a mature neighbourhood. The data indicates it’s a standout in its local context for living space and age, offering the solid build and neighbourhood maturity that many seek, without the premium of a brand-new home. It would suit first-time buyers or downsizers looking for a move-in-ready property with a renovated basement for extra flexibility. It’s also a sensible choice for value-conscious buyers who prioritize interior space over a large yard, as the living area outperforms the lot size in local comparisons.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The home’s assessed value is $35,700. It last sold in September 2021 for an estimated $36,500k to $39,500k. While assessed value is for taxation and not a direct market appraisal, the previous sale price provides a more recent benchmark, suggesting the home holds its value in line with or above its assessment.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finish quality, permits, the presence of moisture-proofing, and whether it includes a legal secondary suite or additional bedrooms.
3. Is the lack of a garage a significant drawback?
The home has no garage. For the Jameswood area, this is not uncommon for homes of this vintage. Buyers should consider the street parking availability and the potential cost and feasibility of adding a garage or carport in the future, given the lot dimensions.
4. How does the lot size impact the property?
At 5,400 sqft, the lot is functional but not expansive. It’s adequate for a garden and patio but may limit additions like a large deck or extensive outbuildings. The trade-off is that the interior living space is significantly larger than many comparable homes.
5. What is the neighbourhood (Jameswood) like?
Jameswood is a long-established neighbourhood. The data shows homes here, including this one, often have above-average living space for the city. This points to a community of settled, family-friendly homes. As with any mature area, checking the condition of nearby properties and infrastructure is always recommended.