Property Overview: 27 Silverwood Bay, Winnipeg
Key Characteristics & Appeal
This one-storey home at 27 Silverwood Bay in the Jameswood neighbourhood is a classic, well-situated property. Built in 1957, it features 1,029 sqft of living space and sits on a generous 6,100 sqft lot. The basement has been renovated. There is no garage or pool.
The home’s primary appeal lies in its strong positioning within its immediate community. While its size is modest by city-wide standards, it ranks above average for both lot size and assessed value within Jameswood, suggesting it is a solid and desirable property in its local market. The renovated basement adds modern livability to the mid-century structure. The lot size is a particular asset, offering ample outdoor space relative to many area homes.
This property would best suit a first-time homebuyer, a downsizer, or an investor looking for a manageable, single-level home in an established neighbourhood. It’s ideal for someone who values a larger yard over extensive interior square footage and appreciates a home that holds its value well within its local context. A thoughtful perspective is that this home represents a "neighbourhood anchor"—it may not be the largest home in Winnipeg, but its above-average metrics on its street and in Jameswood indicate a property that has consistently been a sound and competitive holding in its specific market.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $34.50k ranks in the top 15% for the Jameswood area, meaning it is considered above average compared to its immediate neighbours. This suggests it is a valued property within the local market.
2. Is the lot size typical for the area?
At 6,100 sqft, the lot is above average for Jameswood (top 15%) and also above average city-wide. The yard is a significant feature of this property.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or listing agent to understand the home’s full living space and condition.
4. The home was built in 1957. What should I consider?
While the structure is older, its age is typical for the street and neighbourhood. The renovated basement is a positive update. A standard home inspection is recommended to review the condition of major systems like plumbing, electrical, and the foundation, which are common focal points for homes of this era.
5. How can I find out the exact historical sale prices?
The listed sale price ranges are estimates from public data. The listing service offers to provide the exact sold price history via a manual email request, which they aim to fulfill by the end of the same business day.