Property Overview
81 Leicester Square is a one-and-a-half storey home in Winnipeg's Jameswood neighbourhood, built in 1957. With 937 sqft of living space and a 5,097 sqft lot, it presents a compact, classic footprint. Key features include a renovated basement and a detached garage. The home’s assessed value is $32,500, and it last sold in February 2019.
Key Characteristics & Appeal
This home’s primary appeal lies in its efficiency and established neighbourhood setting. While its living space is below average for the immediate area, it is offset by a recently renovated basement, adding functional space. The lot size is also modest for the street but is fairly typical city-wide. A standout characteristic is the home’s age; built in 1957, it is among the very oldest homes on its street and in Jameswood, which may appeal to those who appreciate original mid-century character or see potential in a well-situated, older property.
It would suit a first-time buyer or downsizer looking for an affordable, low-maintenance entry into a mature neighbourhood. The renovated basement adds immediate utility, making the smaller main-floor footprint more manageable. It’s a practical choice for someone prioritizing location and lot ownership over square footage, who is comfortable with a home of this vintage.
Frequently Asked Questions
1. Is the smaller living area a concern?
At 937 sqft, the above-ground living area is below the average for both Leicester Square and the Jameswood area. However, the renovated basement provides additional finished space, effectively increasing the usable square footage.
2. What does the assessed value indicate?
The $32,500 assessment is above average for Jameswood but around average for its own street. This suggests the property is valued in line with its immediate location, which may be viewed positively compared to wider neighbourhood averages.
3. How does the home’s age affect it?
Built in 1957, this is one of the oldest homes in the Jameswood area. This can mean classic construction and neighbourhood charm, but prospective buyers should be mindful of the potential for older-home maintenance and systems.
4. What is the significance of the lot size?
The 5,097 sqft lot is below average for Leicester Square. This means smaller outdoor space than some neighbours but also less yard maintenance. It is very close to the average lot size across the entire city.
5. Where can I find the exact historical sale price?
The listed sale range is based on public data. The exact sold price from its last transaction (February 2019) can be requested directly from SaveOnHouse via the email prompt provided on the property page.