Property Overview & Key Characteristics
This one-and-a-half storey home on Jessie Avenue in Earl Grey is a classic Winnipeg character property, built in 1909. With 1,119 square feet of living space and a 3,018 sqft lot, it presents a manageable scale for a single-family home. The house features a detached garage and an unrenovated basement, indicating potential for future customization. Its assessed value is modest relative to the citywide average, which can be appealing for property tax considerations.
The appeal lies in its established Earl Grey location and the opportunity inherent in an older, unrenovated home. It suits a buyer looking for a character home in a mature neighbourhood, who is either comfortable with a property that has retained its original layout and basement condition or sees it as a canvas for a gradual, personalized renovation. A thoughtful perspective is that its smaller lot and living area, while below average for the street, translate to less maintenance and lower utility costs—a practical trade-off in a desirable area. It’s a home for someone valuing location and potential over immediate move-in finish.
Frequently Asked Questions
1. How does the property’s size compare to the neighbourhood?
The living area is somewhat smaller than the average home on Jessie Avenue, but is around the average for the broader Earl Grey neighbourhood. The lot size follows a similar pattern.
2. What does the "unrenovated basement" typically imply?
This usually means the basement remains in a functional, original state. Buyers should budget for potential updates to insulation, flooring, or finishes, and should have the foundation and plumbing inspected.
3. The home was built in 1909. What should I consider?
While offering classic charm, a home of this age will likely have older wiring, plumbing, and windows. A thorough inspection is essential to understand the condition and plan for any necessary updates or maintenance.
4. Is the assessed value a good indicator of the likely sale price?
Not directly. The assessed value is for municipal tax purposes. The home last sold for $310,000 in 2020, which is a more relevant benchmark, though market conditions have shifted since then.
5. Who would this property not be suitable for?
It may not suit buyers seeking a large, modern, turn-key home with extensive living space and a fully finished basement. It is better matched for those with a vision for gradual improvement or who prioritize location and character above contemporary finishes.