Property Overview: 684 Jessie Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1912, presents a classic character property with practical space on a desirable lot. Its key appeal lies in its established Earl Grey location and its above-average land area for the neighbourhood, offering a generous 4,019 sqft lot. With 1,398 sqft of living space, the home is sized comparably to others on the street and in the area, fitting comfortably within the local market. The home features a basement (not renovated) and a detached garage.
Its value is grounded in location and lot size rather than recent updates. The home would suit a buyer looking for a character property in a mature neighbourhood, who values the potential of a larger lot for gardening, expansion, or outdoor living. It’s also a fit for a pragmatic buyer comfortable with a home that may require modernization over time, seeing the unrenovated basement as a blank canvas rather than a drawback. The assessed value is consistently around average for its immediate area, suggesting a stable, unpretentious investment in a well-regarded community.
Frequently Asked Questions
1. How does the lot size compare to others?
The 4,019 sqft lot is a standout feature, ranking above average for both Jessie Avenue and the wider Earl Grey neighbourhood. This provides more outdoor space than many comparable properties in the area.
2. Is the home older than most in Winnipeg?
Yes. Built in 1912, it is notably older than the Winnipeg city-wide average. However, it is quite typical for its specific street and the Earl Grey neighbourhood, where homes of this era are common.
3. What does the assessed value indicate?
The assessed value is consistently around the middle range when compared to similar homes on the same street, in Earl Grey, and across Winnipeg. This suggests the property is valued in line with market norms for its type and location, without significant premium or discount.
4. What should I know about the sale history?
The property sold in December 2020 for $310,000 and previously in April 2017 for $238,000. This history shows appreciation over that period and provides data points for current market evaluation.
5. What is the neighbourhood context of this property?
The data shows this home is very typical for its specific surroundings on Jessie Avenue and in Earl Grey in terms of size, age, and value. Its appeal is based on fitting seamlessly into an established community rather than offering outlier features.