Property Overview: 568 Jamison Avenue, Winnipeg
Key Characteristics & Appeal
This bi-level home at 568 Jamison Avenue is a modern, low-maintenance property built in 2021. Its primary appeal lies in its new construction status, offering contemporary systems and minimal immediate repair concerns. With 984 sqft of living space and a renovated basement, it provides efficient, modern living in the Chalmers neighbourhood.
The home’s standout characteristic is its exceptional assessed value relative to its immediate area. It ranks in the top 4% on its street and top 3% in Chalmers for assessed value, suggesting it is considered a higher-quality asset compared to most neighbouring properties, which are significantly older. This creates an interesting dynamic: while the living space is compact city-wide, it is above average for its specific locale. The lot size is modest, aligning with a low-maintenance yard.
This property would suit first-time buyers or downsizers seeking a modern, move-in-ready home without the upkeep of a century-old property. It’s also a pragmatic choice for value-oriented buyers who prioritize newer construction and strong relative assessment within a community, over a larger lot or square footage.
Frequently Asked Questions
1. Is this a good value for the money?
The data suggests it is a high-value property within its immediate context. Its assessment is elite for the street and neighbourhood, indicating municipal valuation significantly above older, comparable homes. This can be attractive for perceived stability, but buyers should compare this assessment to recent sale prices in the area.
2. What does the "renovated basement" include?
The listing notes a renovated basement, but specifics on finish quality, ceiling height, permits, and whether it includes a legal suite or additional bedrooms are not provided. This is a key detail to clarify with the seller or agent.
3. How does the lack of a garage affect daily living?
There is no garage, which is common in the area. Buyers should consider street parking availability, winter vehicle maintenance, and storage needs for bicycles or tools, which would need to be accommodated in the basement or shed.
4. The home is newer, but how does it fit with the older neighbourhood?
Built in 2021, it’s among the newest homes on the street (top 2%). This offers modern efficiency but may contrast with the established neighbourhood character. It also means future development on nearby older lots is possible.
5. Why is the city-wide assessed value ranking only average?
While its assessment is elite locally, it ranks around average city-wide. This highlights the variation in property values across Winnipeg. The assessment reflects its modern build in Chalmers, not necessarily a premium compared to homes in more expensive suburbs or larger, older homes in other city neighbourhoods.