Property Overview
This one-storey home at 513 Whytewold Road in the Jameswood neighbourhood presents a straightforward, no-frills opportunity. Its key appeal lies in its simplicity and position as an affordable entry point into the Winnipeg market. With 988 square feet of living space, a detached garage, and a 5,197 sqft lot, it offers the basics for comfortable living. The home was built in 1957, which is notably newer than many others in its immediate area, potentially suggesting fewer age-related concerns than some neighbouring properties. It last sold in 2017.
The property suits practical, value-conscious buyers. It’s ideal for a first-time homebuyer, an investor looking for a rental property, or someone seeking a manageable, low-maintenance living space without the complexities of a basement or pool. Its assessed value is significantly below the citywide average, indicating a lower property tax burden, which is a key financial consideration. While the lot and living space are modest compared to some direct neighbours on Whytewold Road, they are generally in line with or above averages for the broader Jameswood area, making it a more typical fit within the community itself.
Frequently Asked Questions
1. Is this a small house?
While its 988 sqft size is below the city average, it's actually around the average for the Jameswood neighbourhood. It's a compact, efficient layout typical of many one-storey homes from its era.
2. Why is the assessed value so much lower than the city average?
The "390k" city average shown includes all property types across Winnipeg. This home's assessed value (~$28,300) is in line with similar one-storey homes in its area and reflects its specific market segment, not the entire city's high-end market.
3. What does it mean that the home is "newer" than others on the street?
Built in 1957, this home is younger than many on its street (average year built 1949) and in Jameswood. This can be an advantage, potentially meaning updates to original building materials or systems have already been made, or that major components may have more serviceable life remaining.
4. What are the implications of having no basement?
This means all living space is on the main floor, which can be a benefit for accessibility or for those who prefer single-level living. However, it also means no basement for storage, utilities, or potential expansion, so storage solutions in the garage or yard may be necessary.
5. How accurate are the past sold price ranges shown?
The ranges are based on public data. For the exact historical sold price, you must request it via email from the source. This is a common practice to ensure data accuracy and compliance with local real estate regulations.