Property Overview: 562 Whytewold Road, Jameswood

Key Characteristics & Appeal

This is a modest, one-storey home built in 1957, offering 1,144 square feet of living space on a roughly 6,000 square foot lot in the Jameswood neighbourhood. Its key appeal lies in its positioning as a practical, no-frills property. The home's living area is comfortably average for its immediate street and the city, suggesting a functional size for a smaller household or first-time buyer. A notable characteristic is the home's age; it is newer than most in Jameswood and significantly newer than others on Whytewold Road, which may imply fewer concerns about very old infrastructure compared to neighbouring properties.

The property’s assessed value is notably below average for the area, which is its most defining feature. This creates an accessible price point in a mature neighbourhood. The lot size is also above average for Jameswood, offering good outdoor space relative to many local homes. This combination suits budget-conscious buyers, such as first-time homeowners or investors, who prioritize land size and location over a modern or renovated interior. It’s a property for someone who sees value in a solid foundation and a manageable footprint, with the vision and means to update it over time.

Frequently Asked Questions

1. Why is the assessed value so much lower than the area average?
While the exact reasons aren't specified, a below-average assessment for the neighbourhood often correlates with a home that requires modernization or has not seen recent major upgrades, reflecting its value more in the land and location than in its current finishes.

2. What does it mean that the home is "newer" than most in the area?
Built in 1957, this home is younger than many in Jameswood. In practical terms, this could mean building materials and systems (like wiring or plumbing) are from a somewhat more modern era, though a full inspection is still essential.

3. Is the lot a good size?
Yes. At just under 6,000 sq ft, the lot is above average for the Jameswood neighbourhood, providing more private outdoor space than many comparable properties.

4. What type of heating/cooling or major systems should I expect?
The listing does not specify. Given the home's age, the systems are likely original or dated. Prospective buyers should budget for an inspection to evaluate the furnace, roof, windows, and electrical systems.

5. How does the living space compare to a typical Winnipeg home?
At 1,144 sq ft, the living area is very close to the Winnipeg average. It provides the essential rooms and space of a typical single-family home, just in a more compact and efficient footprint.