Property Overview
This one-storey home at 14 Ladywood Drive in Winnipeg's Jameswood neighbourhood presents a practical opportunity. Its key appeal lies in a combination of a generous, above-average lot and a recently renovated basement, all within a home of modest and efficient scale. Built in 1957, it is notably older than many in the immediate area, which can suggest a well-established streetscape.
The 6,600 sqft lot is a standout feature, ranking in the top 5% on its street and top 6% in Jameswood, offering significant outdoor space relative to local norms. The living area of 1,029 sqft is comfortably average for the street and neighbourhood. A renovated basement adds functional living space. The home lacks a garage and pool.
This property would suit a first-time buyer or downsizer looking for a manageable single-level layout without a large footprint to maintain. It’s also a fit for a buyer who values a larger yard for gardening, pets, or future expansion potential more than a premium interior size. Its assessed value sits above the Jameswood average, suggesting it is viewed favorably within the local market context.
Frequently Asked Questions
How does the lot size compare practically?
The lot is significantly larger than most in Jameswood. This means more private outdoor space, but also more yard maintenance. For the right buyer, it's a valuable asset not easily found in older neighbourhoods.
The home is older than most on the street. Is that a concern?
While the 1957 build date is older than many neighbours, it ranks "elite" for age in Jameswood overall, indicating the area has many homes from this era. It underscores the importance of a thorough inspection to understand the condition of major aging components.
What does "above average assessed value for the area" indicate?
It typically reflects the municipality's valuation based on factors like lot size, renovations, and local sales. It suggests the property is considered higher-value than many in Jameswood, which can be positive for equity, but also means property taxes are likely based on that higher assessment.
Is the lack of a garage a major drawback?
For some buyers, yes. It means relying on driveway parking and having less storage or workshop space. However, for those who don't need it, the larger lot could allow for a future garage or shed, subject to local bylaws.
Where can I find the exact historical sale price?
The listed sale price ranges are estimates from public data. The exact sale prices are provided manually by the listing service upon request via email, which they state they will send without using your address for unsolicited marketing.