Property Overview: 42 Paisley Place, Jameswood, Winnipeg
Key Characteristics & Appeal
This one-storey home, built in 1957, presents a straightforward opportunity in the Jameswood neighbourhood. Its primary appeal lies in its established setting and relative value. With 1,014 sqft of living space and a notably generous 5,397 sqft lot, the property offers a balance of a manageable home size with ample outdoor space—a combination that is increasingly rare. The detached garage adds practical utility.
The data reveals a nuanced position: while the home's living area is below the citywide average, it is above average for its own street. Its assessed value sits in a similar "around average" range for both the street and Jameswood, suggesting it is priced in line with its immediate locale rather than broader city trends. A thoughtful perspective is that this is a home for those who value land over square footage. The lot size ranks in the top 8% on Paisley Place, indicating potential for gardening, expansion, or simply enjoying more private outdoor space than most neighbours. It would suit a first-time buyer, a downsizer looking for single-level living, or an investor seeking a character home with a solid lot size in a mature neighbourhood.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At just over 1,000 sqft, the living area is slightly above the average for Paisley Place itself but below the Winnipeg citywide average. It’s a compact, efficient layout typical of its era.
2. What does the "Elite" ranking for Year Built mean?
This indicates the home is one of the oldest on its street and in Jameswood (built in 1957). This isn’t a quality judgment but a fact of its vintage. It appeals to those who appreciate older, established homes and should be considered with the understanding that maintenance and updates are part of homeownership.
3. Is the assessed value a good indicator of the selling price?
The assessed value is for municipal tax purposes. While it provides a benchmark, the final sale price is determined by the market. Recent nearby sales and current demand will be more direct indicators.
4. What are the implications of such a large lot?
The lot is a standout feature, offering more space than most on the street. This provides extra privacy, room for additions like a shed or deck, and less feeling of being crowded by neighbours. It’s a long-term asset.
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request this information directly via email from the service, which provides the data manually without marketing spam.