Property Overview
This home at 429 Jamison Avenue in Winnipeg's Chalmers neighbourhood presents a compelling mix of modern convenience and solid value. Built in 2019, it is a notably newer construction in an area predominantly featuring homes from the early 20th century. With 1,458 square feet of living space, it offers significantly more room than most neighbouring properties. The home sits on a 2,544 sqft lot and features a renovated basement. There is no garage or pool.
Its primary appeal lies in its modern build, which translates to fewer immediate maintenance concerns and contemporary living standards in an established area. The generous living area for the locale and the renovated basement add functional space. It would suit first-time buyers seeking a move-in-ready, low-maintenance home, or practical investors looking for a modern property with strong rental appeal in a community of older housing stock. The lack of a garage and a smaller lot size are trade-offs for the modern interior and building quality.
Frequently Asked Questions
Q: How does the assessed value compare?
A: The assessed value of $41,900 is among the very highest on Jamison Avenue and in the broader Chalmers neighbourhood, reflecting its newer construction and larger size relative to nearby homes. City-wide, however, it sits around the average mark.
Q: What does the "renovated basement" include?
A: The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand if it's a finished living space, a rental suite, or simply updated.
Q: Is the property good value given its last sale price?
A: It last sold in March 2020 for $36,700. The current assessed value is higher, but market conditions have changed since then. A buyer should research recent sales of comparable modern homes, not just older ones in the area, to determine current fair market value.
Q: What are the implications of having no garage?
A: This means all parking will be on-street or possibly in a driveway if one exists (check with the agent). This is common for the area but is a practical consideration for vehicle storage, winter conditions, and security.
Q: The lot is smaller than average. Is that a concern?
A: The land area is around average for the street but below average for the city. This typically means lower exterior maintenance and property taxes, but offers limited space for expansions, large gardens, or outdoor privacy. It aligns with a low-maintenance lifestyle.