Property Summary: 330 Jamison Avenue, Winnipeg

Key Characteristics & Buyer Profile

This is a classic one-storey home built in 1913, situated on a standard 3,054 sqft lot in the Chalmers neighbourhood. Its primary appeal lies in its value proposition and potential. The home is modest in size at 697 sqft of living space and features an unrenovated basement, presenting a clear opportunity for customization or expansion. The lot size is above average for the immediate street and neighbourhood, which is a significant asset for future projects like an addition, garage, or landscaping.

The property would best suit a practical buyer—perhaps a first-time homeowner, an investor, or a hands-on individual—who is comfortable with a home that requires updates. Its below-average assessed value and historically modest sale price point to an accessible entry point into the market. A thoughtful perspective for this home is to view it as a "blank canvas" on a solid foundation; its value is tied more to the land and structural potential than to its current finishes. It’s a property for someone who sees what it could be, not just what it is today.

Frequently Asked Questions

1. What is the true condition of the home?
The listing notes the basement is "not renovated," which typically indicates it is in original or functional but dated condition. A professional inspection is highly recommended to understand the full scope of any updates needed.

2. Is there potential to expand the living space?
Yes. The lot is larger than many on the street and in Chalmers, providing room for a potential addition. The existing basement also offers future development potential for additional living or storage space.

3. How does the assessed value relate to the market price?
The assessed value is significantly lower than the home's last sale price, which is common. Assessments are for municipal tax purposes and often lag behind market values. The sale history and comparable listings are better indicators of current market worth.

4. What is the neighbourhood like?
Chalmers is an established, mature neighbourhood. The property rankings show this home is typical for the area in terms of year built and lot size, suggesting a consistent, stable streetscape.

5. Are there any major concerns with a home of this age?
Homes built in 1913 may have outdated electrical, plumbing, or insulation. While this isn't unusual, it underscores the importance of a thorough inspection to budget for any necessary upgrades to modern standards.