Property Overview & Key Characteristics
This 1,080 sqft condo at 1-584 Jessie Avenue in Earl Grey is a modern, low-maintenance home built in 2020. Its primary appeal lies in its rarity as a new construction within a well-established, mature neighbourhood, offering a move-in-ready condition without the concerns of an older building. The living space is practical and sits comfortably around the city-wide average, while its assessed value is notably above average for both the Earl Grey area and Winnipeg overall, suggesting a strong perceived value.
The property is ideally suited for first-time buyers or professionals seeking a modern home in a central, tree-lined neighbourhood without the upkeep of a house. It would also appeal to downsizers from the area who wish to remain in Earl Grey but in a newer, more manageable property. A less obvious angle is its potential as a solid, newer asset in a neighbourhood where most homes are decades older, which may offer relative peace of mind regarding major systems and upkeep in the near term.
Frequently Asked Questions
1. What are the condo fees, and what do they cover?
This information is not provided in the current listing details. A direct inquiry with the listing agent or condo corporation is essential to understand the monthly fees and included amenities (like snow removal, groundskeeping, or a reserve fund).
2. How does the 2020 build date affect property taxes?
While the assessed value is above average, property taxes for newer builds can sometimes be higher due to the modern construction and fixtures. It’s advisable to use the provided assessed value ($35,600) to estimate current-year taxes through the City of Winnipeg’s tax calculator.
3. Is the basement included in the living area square footage?
The listing notes a basement exists but that it is not renovated. Typically, unfinished basement space is not counted in the official living area (1,080 sqft), which refers to finished, above-grade space. The basement offers potential for future storage or expansion.
4. The home sold in 2020; is this a resale or was it a new build purchase?
It was likely purchased as a brand-new unit when first sold in November 2020. The current sale represents its first resale, meaning the current owner is the first to have lived in it.
5. What is the parking situation?
The listing does not specify parking details. For condos in established neighbourhoods, this could range from a private garage or driveway to designated surface parking or street permits. This is a critical question for any prospective buyer to clarify.