Property Overview
18 Paisley Place is a well-maintained two-storey home in Winnipeg's Jameswood neighbourhood, built in 1957. It features 1,324 sqft of living space, a renovated basement, and a detached garage on a 5,197 sqft lot. The home last sold in late 2020.
Key Characteristics & Appeal
This home’s primary appeal lies in its strong standing within its immediate area. The data shows it ranks in the elite tier (top 4%) on its own street for living space, assessed value, and year built, meaning it is one of the largest, most valuable, and newest homes on Paisley Place. This suggests it is a premium property within a potentially more modest streetscape. The renovated basement adds modern, functional space.
It would suit a buyer looking for a move-in ready home in a stable neighbourhood who values being a "big fish in a small pond"—owning one of the best properties on the block. It’s also practical for those wanting the flexibility of a detached garage and the extra living area a finished basement provides. A less obvious point is its appeal to data-minded buyers: the metrics provide a clear, quantitative case for its relative quality and investment within its micro-market.
Potential Buyer FAQs
1. How does this home truly compare to others in the area?
The data indicates it is a standout on its own street. Compared to the 24 homes on Paisley Place, it ranks 1st for size, value, and age. In the broader Jameswood area, it remains well above average, ranking in the top 7% for value.
2. What does the sold price history show?
Public records indicate it sold for between $305,000 and $335,000 in November 2020. The current assessed value is $369,000. For the exact historical sale price, you can request details via email from the listing source.
3. Is the lot size a pro or a con?
At just over 5,000 sqft, the lot is average for both the street and the city. It provides standard backyard space but isn't unusually large. This is typical for the neighbourhood and era of home.
4. What might the "elite" street ranking imply?
While positive, it’s wise to consider both sides. It means you're getting one of the best properties on the block, which is good for value. However, it could also mean there’s less potential for rapid appreciation from street-level gentrification compared to a home in a more uniformly high-end area.
5. Are there any obvious red flags from the data?
No major red flags are apparent from the provided metrics. The home is consistently above average for its immediate locale. The year built (1957) is standard for the area, so a thorough inspection for age-related updates (roof, wiring, plumbing) is always recommended.