843 Jessie Avenue

Property Overview

This one-storey home at 843 Jessie Avenue in Winnipeg's Earl Grey neighbourhood presents a specific and practical opportunity. Its key appeal lies in being a more affordable entry point into a well-established area, centered on the value of the land and location rather than the size or condition of the dwelling itself.

The house is notably compact at 814 square feet of living space, which is below average for the street, neighbourhood, and city. It sits on a decent-sized lot that is above average for Earl Grey. Built in 1947, it is a newer home compared to many on its street, but its basement is noted as unrenovated. The detached garage and the home's assessed value are both around the average for the immediate area. This combination suggests a property where the underlying value is anchored by the neighbourhood and the lot, with the house itself representing a potential project or a functional, no-frills living space.

This home would best suit a first-time buyer or an investor comfortable with a smaller footprint. It’s a practical choice for someone prioritizing location and lot size over immediate move-in condition or spacious interiors, and who sees potential in a home that may require updates over time.

Frequently Asked Questions

Is this a small house?
Yes. At 814 sq ft, the living area is significantly below the averages for Jessie Avenue (1,314 sq ft), Earl Grey (1,206 sq ft), and Winnipeg overall (1,342 sq ft). It is a compact, one-storey layout.

How does the lot size compare?
The 3,866 sq ft lot is a positive feature. It is above the neighbourhood average, offering more outdoor space than many homes in Earl Grey, which could allow for gardening, expansion, or simply more privacy.

The house was built in 1947. Is that old?
Interestingly, for Jessie Avenue and Earl Grey, a 1947 build date is actually above average, meaning it is newer than many surrounding homes. This could imply somewhat more modern construction materials or systems, though a full inspection is still essential.

What does the assessed value tell me?
The assessed value of $30.10k is around the average for the immediate street and neighbourhood. This indicates the property is priced consistently with its local market context, not as an outlier, which can be a stable starting point.

What should I consider about the basement?
The listing notes the basement exists but is "not renovated." This should be a key focus for an inspection. It represents both potential extra space and a likely area for future investment, as its current condition is undefined and could range from unfinished to needing significant work.