Property Overview: 915 Jessie Avenue, Winnipeg
Key Characteristics & Appeal
This home is a classic two-and-a-half storey character property in the established Earl Grey neighbourhood, built in 1913. Its primary appeal lies in its generous proportions and desirable location. With 1,812 sqft of living space, it offers significantly more room than most homes on its street and in the wider area, placing it in the top 10% locally. The lot size of 4,007 sqft is also comfortably above average for the area, providing good outdoor space.
The home suits buyers looking for a character property with room to grow or customize, as the basement is noted as unrenovated. The detached garage adds practical value. Its assessed value is strong for the immediate neighbourhood, suggesting a well-regarded property within its context. This isn't a modern, turn-key home; it's a solid, spacious canvas in a prime inner-city neighbourhood, ideal for a buyer who values space and location over new finishes and is prepared for potential updates.
Frequently Asked Questions
1. How does this home's size compare to others?
It is notably larger than comparable homes. Its living area ranks in the top 10% on Jessie Avenue and the top 6% within the Earl Grey neighbourhood, making it a spacious option for the area.
2. What does the assessed value indicate?
The assessed value of $42.80k is above average for both the street and Earl Grey, indicating the property is valued higher than many of its peers. City-wide, it sits around the average mark, which is typical for a character home in a established neighbourhood versus newer suburbs.
3. Is the lot size a pro or con?
For the Earl Grey neighbourhood, the lot is a pro, ranking in the top 16% with over 4,000 sqft. This is above average for the area. City-wide, lots are often larger in newer suburbs, so it's below that broader average but generous for its inner-city location.
4. What should I consider about the age of the home?
Built in 1913, it is older than the city-wide average but typical for its charming, established neighbourhood. Buyers should budget for the maintenance and potential updates expected with a character home, and consider a thorough inspection to understand the condition of major systems.
5. The last sale was in 2017. What does that mean?
The home was sold in July 2017 for $37.70k. This several-year gap in sales history is common and suggests a period of stable ownership. The current assessed value being higher than that last sale price reflects market changes and assessments made in the intervening years.