Property Overview
This two-storey home at 74 Bourkewood Place in Winnipeg's Jameswood area presents a compelling mix of space, vintage character, and lot size. Its key appeal lies in its generous 8,200 sqft lot, which ranks in the top 2% for size both on its street and in the wider neighborhood. This offers significant outdoor space and potential that is increasingly rare. The 1,176 sqft living area is comfortably above average for the immediate area, and the home features a renovated basement, adding functional living space.
Built in 1957, the home is one of the original houses on the street, offering classic charm but also implying that updates may be a consideration for new owners. It sits without a garage, which is a trade-off for the expansive yard. The property would suit a buyer looking for a established neighborhood with room to garden, play, or potentially expand outdoors. It's ideal for those who prioritize land over a brand-new build and are comfortable with the character and maintenance considerations of a home from this era. The above-average assessed value for the area suggests it is a well-regarded property within its local market.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or follow-up with the listing agent is necessary to understand the quality of the renovation and how the space is configured (e.g., rec room, additional bedroom, etc.).
2. Is the lack of a garage a major drawback?
This depends on the buyer's needs. The trade-off is the exceptionally large lot, which could allow for the future addition of a garage or shed if desired and if local bylaws permit. For those who value expansive outdoor space over covered parking, it may be a worthwhile compromise.
3. The home was built in 1957. What should I be aware of?
As one of the older homes on the street, potential buyers should pay special attention to the condition of major aging components during an inspection. This includes the roof, foundation, plumbing, and electrical systems. The upside is the established neighborhood and mature landscaping.
4. How does the assessed value relate to the likely selling price?
The assessed value of $33.70k is for municipal tax purposes and is not a market valuation. The recent sold price history (ranging from ~$26.50k to $29.50k in 2020) is a more relevant, though dated, benchmark. Current market conditions will ultimately determine the sale price.
5. The lot is large, but how is it shaped and positioned?
The listing notes the total square footage but not the dimensions or orientation. A large lot is a major asset, but its usability can depend on whether it's wide or deep, sunny or shaded, and if there are any easements. This is best evaluated with a site visit.