Property Overview: 913 Jessie Avenue, Winnipeg
Key Characteristics & Appeal
This is a substantial, character-filled home in the established Earl Grey neighbourhood. Built in 1913, this two-and-a-half storey home offers generous living space of 2,074 sq ft, placing it in the top tier of homes locally. Its appeal lies in its combination of classic architecture and modern updates, notably a renovated basement, providing flexible space. The detached garage and a land parcel of nearly 4,000 sq ft offer practical city living with room for gardens or outdoor enjoyment.
The home’s standout feature is its impressive scale relative to its surroundings. It ranks in the top 3% for living area on its street and the top 2% within Earl Grey, meaning it offers significantly more interior room than most comparable properties in these areas. This creates a sense of rarity for a central neighbourhood. It would suit buyers looking for a home with historic charm and spacious, adaptable rooms without moving to the outer suburbs. It’s ideal for those who value established communities, larger interior volume over a brand-new build, and a property that holds a position of relative prominence on its block.
Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value is a tax valuation, not a market appraisal. While it provides a benchmark, the sale price will be determined by current market conditions, the home’s specific condition, and buyer demand for a unique, spacious property in this location.
2. What are the implications of the home’s age (1913)?
While offering classic character, it necessitates a thorough inspection. Potential buyers should budget for ongoing maintenance typical of century-old homes and inquire about the age and condition of major systems like plumbing, electrical, and the roof, even with a renovated basement.
3. The lot size is noted as "below average" citywide. Is that a concern?
This is a perspective based on comparing urban and suburban lots. For the Earl Grey neighbourhood, the lot is above average. It provides a very standard and comfortable yard size for an inner-city community, prioritizing the home’s substantial footprint.
4. What does the "Elite" ranking for living area practically mean?
It means the home has a floor plan and room sizes that are uncommon for the area. For daily living, this translates to more flexibility for home offices, larger family gatherings, or additional living areas compared to most neighbouring homes.
5. The home last sold in 2016. What should I consider?
This indicates the sellers have owned it for several years. It’s worthwhile to ask what renovations or updates have been completed during their ownership beyond the noted basement renovation, as this can inform your understanding of the home’s current state.