Property Overview: 100 Bourkewood Place, Winnipeg
Key Characteristics & Buyer Profile
This is a compact, one-storey home in Winnipeg's Jameswood area, built in 1957. With 884 sqft of living space, it is notably smaller than most comparable homes locally and city-wide. Its assessed value of $280k positions it below the average for the area, suggesting a more accessible price point. The lot size is a standard 5,198 sqft, offering typical outdoor space for the neighbourhood.
The primary appeal lies in its value proposition and established setting. It represents an entry point into a mature neighbourhood, potentially suited for those who prioritize location and land over square footage. The home’s age, while older, is actually among the earliest in its immediate area, indicating a well-established streetscape.
This property would best suit first-time buyers, downsizers, or investors seeking a lower-cost footprint in Winnipeg. It’s for someone comfortable with a smaller, vintage home who sees potential in a manageable space and lot, rather than someone seeking modern, move-in-ready size and finishes.
Frequently Asked Questions
1. Is the assessed value a reliable guide for the selling price?
The assessed value ($280k) is for municipal tax purposes and is typically below market value. Recent sold price data for the home (ranging ~$275k-$305k in 2022) is a more direct, though not guaranteed, indicator.
2. How significant is the smaller living area?
At 884 sqft, the home is about 15-20% smaller than the average Jameswood house. This means efficient use of space is essential. It may appeal to those seeking lower utility costs and less maintenance, but families or those needing home offices should carefully consider the layout.
3. What does the 1957 build date mean for maintenance?
As one of the older homes on the street, proactive maintenance is key. While major systems like roof and wiring have likely been updated, buyers should budget for ongoing upkeep typical of a nearly 70-year-old home and consider a thorough inspection.
4. Are there any development opportunities with the lot?
The lot is a standard size for the area. While not unusually large, its typical dimensions could allow for additions like a garage, shed, or deck, subject to local zoning and permit regulations.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request this information directly via email, and the service provider commits to sending the accurate data manually without using your email for marketing.