Property Overview
22 Cornwall Boulevard is a classic one-storey home in Winnipeg's Jameswood neighbourhood. Built in 1957, it offers 988 square feet of living space on a 5,200 square foot lot. The home has no basement, pool, or garage. Its assessed value is $28,300.
Key Characteristics & Appeal
This home represents a straightforward, no-frills entry point into the Winnipeg market. Its primary appeal lies in its established neighbourhood and its relative value compared to city-wide averages. While its living space is below the city average, it is quite typical for its immediate street and area, offering a manageable size for a smaller household.
A less obvious perspective is the advantage of its age within its local context. Built in 1957, it is among the newer homes on Cornwall Boulevard and in Jameswood, which may suggest more modern construction standards for its time compared to immediate neighbours. The lot size is also very consistent with the area, providing standard outdoor space without excessive maintenance.
This property would best suit first-time buyers, downsizers, or investors looking for a practical, single-level home in a mature neighbourhood. It’s for someone prioritizing location and lot over square footage or modern amenities like a basement or garage. The data suggests it’s a very typical home for its specific community, offering a sense of what’s standard in that pocket of the city.
Frequently Asked Questions
1. How does the lack of a basement or garage impact value and utility?
The absence of these features is reflected in the home’s assessed value and price history. It limits storage and potential for a traditional workshop or sheltered parking, which is a key consideration for buyers. However, it also means less space to maintain and heat, which can be a benefit for those looking to minimize upkeep.
2. The sold price history shows a range of $23.5k-$26.5k in 2020, but the assessed value is now $28.3k. What does this mean?
The sold price is historical data from a specific market moment five years ago. The current assessed value is the city’s estimate for taxation purposes, which can differ from market value. This gap highlights the importance of getting a current market evaluation, as both property values and assessment methods change over time.
3. The home is noted as "below average" for living space city-wide but "around average" for the street. Which is more relevant?
For daily living and resale within the community, the local comparison is more relevant. It indicates the home fits the norm for Jameswood and Cornwall Boulevard. The city-wide comparison is useful for understanding what you get for the price compared to the entire Winnipeg market, which includes much newer, larger suburban homes.
4. What are the potential implications of the home being one of the newer builds on the street?
While still a mature home, being built later than most neighbours could be positive. It might mean improvements in building codes, materials, or layout trends from the mid-century era. It doesn’t preclude the need for a thorough inspection, but it may indicate a slightly different maintenance profile than older houses on the block.
5. How should I interpret the "Top X%" rankings for each metric?
These rankings show how this property compares to a defined group of peers. For example, its Year Built is in the "Top 7%" on its street, meaning it is newer than 93% of comparable homes on Cornwall Boulevard. A higher percentage is generally better, but context is key: being average or above in the immediate area is often more meaningful than a city-wide ranking.