Property Overview: 801 Jessie Avenue, Earl Grey, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, century-old two-storey home in the established Earl Grey neighbourhood. With 1,314 sqft of living space and a 3,601 sqft lot, it offers solid, average-sized family accommodation for the area. The home presents a straightforward opportunity: it has a functional layout, a detached garage, and a full (though unrenovated) basement, providing ample space and storage. Its appeal lies in its location within a mature community and its value as a "blank canvas" property. The data shows it sits around or above average for Earl Grey in terms of lot size and assessed value, suggesting a well-positioned asset in a desirable area.
This home would best suit a buyer who appreciates character and is prepared for the stewardship of a 1911 build. It’s ideal for a handy homeowner looking for a property with good bones to gradually personalize, or an investor seeking a stable rental in a perennial neighbourhood. The value proposition is rooted more in location and lot than in modern finishes, appealing to those who see potential beyond the surface.
Section 2: Frequently Asked Questions
1. What does "basement, not renovated" typically mean?
It indicates the basement is functional and usable for storage or utilities, but it has not been modernized into a finished living space. Buyers should budget for any desired upgrades and consider a thorough inspection for a home of this age.
2. How does the assessed value relate to the likely selling price?
The assessed value ($34,900) is for municipal tax purposes and is often significantly lower than market value. The last recorded sale was $33,300 in 2022. The current market price will be determined by recent sales of similar homes, condition, and demand.
3. Is the age of the home (1911) a concern?
It represents both character and responsibility. While it offers classic architecture, it necessitates careful attention to aging components like wiring, plumbing, and the foundation. A specialized inspection is highly recommended.
4. What are the advantages of the Earl Grey neighbourhood?
Earl Grey is a long-established, central neighbourhood known for its tree-lined streets, community feel, and proximity to amenities like parks, schools, and shopping corridors. The data shows homes here often hold their value well relative to the wider city.
5. The lot size is noted as "above average" for Earl Grey but "below average" citywide. Why is that?
This is common for mature, inner-city neighbourhoods. Earl Grey lots are typically smaller than those in newer suburban developments. Having a lot that is above average for this specific area is a positive, offering more outdoor space than many immediate neighbours.