Property Overview: 163 Braintree Crescent, Winnipeg

Key Characteristics & Buyer Appeal

This one-storey home in Jameswood is a study in practical, post-war housing. Built in 1957, its age is a standout feature, ranking it among the very oldest and most established homes on its street and in the neighbourhood. This suggests a well-settled area with mature landscaping. The living space (1,040 sq ft) is modest and squarely average for the area, indicating a functional, no-frills layout. Notably, the home’s assessed value is consistently below average for its immediate surroundings, which could signal an entry-point opportunity in the neighbourhood or may reflect the home’s original condition. The lot size is slightly below average for the street but typical for Jameswood overall.

The primary appeal lies in its position as a potential value proposition in a mature neighbourhood. It suits a first-time buyer, an investor, or a downsizer looking for a solid, single-level footprint without premium pricing. Its below-average assessment, coupled with its vintage, makes it a candidate for those with a renovation or value-add vision. A less obvious perspective is that its established age offers a known quantity—construction methods and neighbourhood dynamics from that era are well-understood, potentially reducing unforeseen surprises compared to newer, rapidly built areas.

Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
While the exact reason isn't specified, a below-average assessment for a home of this age often correlates with original or dated interiors, systems (like plumbing or electrical), or a layout that hasn’t been modernized. It’s a key point for further inspection and valuation.

2. What does the "Elite" ranking for the year built mean?
This is a statistical ranking indicating the home is among the oldest 2-4% of homes in its comparison groups. It doesn't denote luxury, but rather establishes the property's vintage and suggests a long-standing presence in a mature community.

3. Is the smaller lot size a significant drawback?
At 5,598 sq ft, the lot is slightly smaller than others on Braintree Crescent but is typical for the wider Jameswood area. It likely provides adequate private outdoor space while potentially requiring less maintenance than larger lots.

4. The sold price history shows a range. How can I get the exact figure?
The listing service provides estimated ranges from public data. You can request the precise sale price by emailing them directly; they provide this as a manual, no-spam service to ensure accuracy.

5. Who would this property not suit?
It may not suit buyers seeking a modern, move-in-ready home without project work, or those who prioritize very large living spaces and premium lot sizes. The data suggests it’s a practical property whose value is rooted in its location and potential, rather than current finishes or size.