Property Overview
This one-storey home at 84 Bourkewood Place in Winnipeg's Jameswood neighbourhood presents a straightforward, no-frills opportunity. Built in 1957, its key characteristic is its position as one of the original homes on the street, giving it a sense of established history within the area. With 988 sqft of living space and a 5,298 sqft lot, its size is very typical for its immediate street and neighbourhood, though it sits below the city-wide average for square footage. It has no basement, no garage, and no pool.
The appeal lies in its simplicity and potential. It suits a first-time buyer, an investor, or someone looking to downsize into a manageable, single-level footprint without the maintenance of extra features. Its assessed value is consistently below average for its street, neighbourhood, and city, which could indicate an entry point for adding value. A thoughtful perspective is that while the home itself is modest, it occupies a generous lot for its area, offering outdoor space that is becoming less common in newer developments. It’s a property for someone who sees the value in the land and the original character of a mature neighbourhood, not in move-in-ready perfection.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's specific attributes—its smaller size, age, and lack of certain features like a basement or garage—compared to the broader Winnipeg market which includes many larger, newer homes with more amenities.
2. What does it mean that there's no basement?
The home is built on a slab foundation. This means no basement storage, mechanicals, or potential for a below-ground living space. It simplifies the structure and can be appealing for those concerned about basement moisture or maintenance, but it reduces overall storage and living area.
3. The home sold in late 2021. What might have changed since then?
While the core structure and lot remain the same, the condition could have been updated or altered by the previous owner. It's important to view the property in person or request current disclosure to understand its present state.
4. Is the lot size a positive?
Yes. At over 5,000 sqft, the lot is on par with or larger than many in the immediate area. This provides good outdoor space for gardening, recreation, or future expansion, which is a valuable asset even if the home itself is compact.
5. How significant is it that this is one of the oldest homes on the street?
It indicates the home is part of the neighbourhood's original fabric. This can mean well-established landscaping and a settled streetscape, but it also underscores the importance of a thorough inspection to assess the condition of major aging components like the roof, windows, and plumbing.