Property Summary: 542 Whytewold Road, Jameswood, Winnipeg
Overview & Appeal
This is a compact, one-storey home built in 1957, offering a straightforward living space of just over 1,000 square feet on a standard city lot. Its primary appeal lies in its relative modernity compared to its immediate neighbors—it's notably newer than most homes on its street and in the Jameswood area, which suggests potentially fewer major age-related concerns. The assessed value is well below local and city averages, indicating a more accessible entry point into the market.
This property would suit a first-time buyer, a downsizer, or an investor seeking a practical, no-frills home. It’s for someone who prioritizes a simpler footprint and a lower tax assessment over size and premium finishes. A thoughtful perspective is that while the living space is modest, its newer vintage for the area could mean the core structure and systems have seen fewer decades of wear than surrounding homes, offering a different kind of value beyond square footage.
Frequently Asked Questions
1. Is this a small house?
Yes. At 1,008 sq ft, it is below the average size for both the local area and Winnipeg overall. It’s a compact, efficient layout.
2. Why is the assessed value so much lower than the city average?
The home’s assessed value of $260k is significantly below the Winnipeg average, reflecting its smaller size, simpler building type (one-storey, no basement), and the specific market dynamics of the Jameswood area.
3. What does it mean that the home is "newer" than others on the street?
Built in 1957, this home is younger than most in its immediate vicinity. This can be an advantage, as the major structural components may have a shorter history of use and could have been updated to more modern standards over time compared to much older homes.
4. What are the outdoor spaces like?
The land area is a standard city lot of 5,195 sq ft, which is typical for Winnipeg but smaller than many lots on Whytewold Road itself. It provides a manageable yard space without extensive upkeep.
5. How can I find out what it actually sold for in the past?
Exact historical sale prices are not publicly displayed. You can request the precise sold price history by emailing the listing service; they provide this detail manually without using your email for marketing.