Property Overview
This one-and-a-half storey home at 7 Cornwall Boulevard in Winnipeg's Jameswood neighbourhood presents a practical opportunity. Built in 1957, it features 937 sqft of living space and a renovated basement, sitting on a just-under-5,000 sqft lot. The home lacks a garage or pool.
Its core appeal lies in its established location and relative value. The assessed value is notably strong for its immediate street and is solid within the wider Jameswood area, suggesting it's a well-regarded property in its peer group. The renovated basement adds modern, functional space. The lot, while smaller than many in the neighbourhood, offers a manageable yard with less maintenance.
This property would suit a first-time buyer or downsizer looking for an entry point into a stable area without a major renovation project. It’s also a candidate for a value-conscious investor, given the updated basement and assessed value that outperforms many direct neighbours.
Frequently Asked Questions
How does the home’s size compare to others nearby?
At 937 sqft, the living area is slightly below the average for both Cornwall Boulevard and the Jameswood area, but it is close to the typical citywide size for homes of this era. The renovated basement effectively adds usable space.
Is the assessed value high for the area?
Yes, notably so. The assessment ranks in the top 21% on its own street and is above the street average, indicating it is viewed as a higher-value property among its closest comparables.
What does the "Elite" ranking for Year Built mean?
This statistic shows the home is among the newest 2% of similar properties in Jameswood. Built in 1957, it is actually older than the city average, but it is newer than most other one-and-a-half storey homes in this specific neighbourhood, which is an interesting quirk of the local housing stock.
What are the implications of the lot size?
The lot is smaller than most in Jameswood, ranking in the bottom 6% of the neighbourhood. This means less yard maintenance but also less private outdoor space. It is, however, close to the average lot size citywide.
Where can I find the exact historical sale price?
The provided sale price is an estimated range from public data. The listing service offers to provide the exact sale price from their records via a direct email request, which they handle manually.