76 Bourkewood Place

Property Overview: 76 Bourkewood Place, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Jameswood is distinguished by its above-average scale and generous lot size within its immediate context. With 1,324 sqft of living space and a 7,399 sqft lot, it ranks in the top 3% of the neighbourhood for both metrics, offering more room than most comparable homes on the street and in the area. A key feature is its renovated basement, adding functional living space. The home, built in 1957, shares the common vintage of the area but stands out due to its larger footprint and detached garage.

Its primary appeal lies in offering substantial interior and exterior space for a neighbourhood of its kind, which is a relative rarity. It suits buyers looking for a established, character neighbourhood who prioritize room to grow, garden, or simply have more privacy than a typical lot provides. It would particularly fit a growing family needing the extra bedrooms or living areas a renovated basement can provide, or a buyer who values the potential and stability of a property that is a statistical standout on its street.

A less obvious perspective is its assessed value positioning. While its physical attributes rank in the elite tier for Jameswood, its assessed value is in a more average range city-wide. This could suggest an opportunity for value-conscious buyers seeking more house and land for their dollar within a specific, well-regarded locale.

Section 2: Frequently Asked Questions

1. What does the "Elite – Top 2%" ranking mean for living area?
It means this home's living space is larger than 98% of comparable homes on Bourkewood Place and in the wider Jameswood area. You are getting significantly more interior space than is typical for this specific neighbourhood.

2. Is the basement renovation reflected in the assessed value?
While a renovated basement adds functional value and appeal, municipal assessed values are based on broader market trends and physical characteristics. The current assessment places the home in an average range city-wide, which may not fully capture the premium its condition and size command locally.

3. How does the lot size compare to an average Winnipeg lot?
The lot is 7,399 sqft, which is above average (top 14%) for Winnipeg. It provides a sizable outdoor space, which is a notable feature, especially when combined with the home's larger-than-average square footage.

4. The home was built in 1957. What should I consider?
The home is of an age common for the area. While the basement has been renovated, a prospective buyer should still consider the potential future maintenance or updates needed for original components of a home from this era, such as the roof, windows, or major systems.

5. Why is there a range for the last sold price?
The sold price range is estimated from public data. To obtain the exact sale price from May 2023, you can request it via email from the site. This is a manual process to ensure accuracy and privacy of the official transaction record.