Property Overview
This two-storey home at 64 Leicester Square in Winnipeg's Jameswood neighbourhood presents a practical and well-maintained living space. Built in 1957, it features 1,176 sqft of living area, a renovated basement, and a detached garage on a 4,575 sqft lot.
Key Characteristics & Appeal
The primary appeal of this property lies in its above-average condition and efficient use of space within a mature, established neighbourhood. Key data points show its living area and assessed value rank notably above average for both its immediate street and the broader Jameswood area. While the lot size is smaller than most neighbours, this often translates to less yard maintenance. The renovated basement adds functional living space. The home’s age (1957) is actually an asset in this context, indicating it is among the very first built on the street, which can sometimes correlate with larger interior room proportions and mature landscaping not found in newer subdivisions.
This home would suit first-time buyers or downsizers seeking a move-in ready, low-maintenance property without the premium of a brand-new build. It’s ideal for someone who values a quiet, established community over a sprawling yard, and who appreciates a home that stands out positively in its immediate locale for its interior space and updated features.
Frequently Asked Questions
1. Is the smaller lot size a significant drawback?
Not necessarily. While the lot is smaller than others on the street, it requires less upkeep. For buyers prioritizing interior space and ease of maintenance over extensive gardening or outdoor space, this can be a practical advantage.
2. The home was built in 1957. Should I be concerned about major repairs?
The home's age warrants a thorough inspection, as with any older property. However, its above-average assessed value for the area and the renovated basement suggest ongoing updates and care. It ranks as one of the oldest on the street, which often means it was built with durable materials of the era.
3. How does the assessed value relate to the likely selling price?
The assessed value ($34.50k) is for municipal tax purposes and is typically much lower than market value. Recent sold price history (shown as ranges) provides a more current guide, but market conditions ultimately determine the final price.
4. What are the benefits of a detached garage?
A detached garage offers flexibility. It can be used for vehicle storage, a workshop, or extra storage without impacting the main house's living space or noise levels. It may also present future potential (subject to bylaws) for conversion or use as a hobby space.
5. The data shows sold price ranges, not exact figures. How can I get the precise history?
As noted on the listing, exact sold prices are available by request via email to the listing service. This is a manual process they use to provide accurate data directly to serious inquiries without sharing it publicly.