Property Overview: 26 Cornwall Boulevard, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in the Jameswood neighbourhood, built in 1957. With 988 square feet of living space and a 5,200 sqft lot, its size is fairly typical for its immediate street and area, though it sits below the citywide average for square footage. The home’s assessed value is notably below average for both the street and the broader Jameswood area, which can indicate a more accessible entry point into the market.
The primary appeal lies in its position as a potential value opportunity. For the neighbourhood, it’s an older home, ranking in the top 2% by year built in Jameswood, which may attract those who appreciate the character and established streetscapes of that era. The lot size is solid for the area, offering decent outdoor space relative to the home's footprint. It would best suit first-time buyers, downsizers, or practical investors looking for a lower-priced foothold in a stable neighbourhood without requiring a large amount of living space. The recent sale history suggests a property that has traded in a relatively affordable range, reinforcing its role as a pragmatic rather than a luxury purchase.
Frequently Asked Questions
1. Is this a "fixer-upper" or a move-in ready home?
The listing does not specify condition, but the assessed value being significantly below area averages often suggests the property may require updates or maintenance. A professional inspection is essential to determine the state of major systems and the scope of any needed work.
2. Why is the assessed value so much lower than the citywide average?
The citywide average includes all property types and sizes across Winnipeg. This home’s below-average square footage and specific location within Jameswood contribute to its lower assessment. It’s more informative to compare it to the Jameswood and street averages provided.
3. What are the implications of having no basement?
A lack of basement limits storage and potential for additional living space or mechanical systems. This can be a drawback for some buyers but may also mean fewer concerns about flooding or moisture issues common in older basements.
4. How stable is the value in this area?
The home has sold twice in the last decade (2016 and 2021), with a price increase in that period. Its value appears closely tied to its practical attributes—lot size and location—rather than market speculation, suggesting a stable, gradual equity pattern typical of established neighbourhoods.
5. Who is responsible for verifying the exact past sale prices?
The listed sale prices are estimated ranges from public data. The site offers to provide the exact sale prices via email request, handled manually by their team, as this precise data is not always freely disclosed in public records.