Property Overview
This one-and-a-half storey home at 691 Jackson Avenue in Winnipeg's Ebby-Wentworth neighborhood presents a practical opportunity. Built in 1949, it features 900 sqft of living space and a full, unrenovated basement. The property stands out for its notably larger-than-average lot size of 4,903 sqft within its immediate area, offering valuable outdoor space. Its assessed and recent sale values are consistently modest and align with local averages for the street and neighborhood. The home lacks a garage and a pool. Its appeal lies in its straightforward, no-frills footprint on a generous lot, suited for a buyer comfortable with a home that offers potential rather than turn-key finishes.
It would best suit a first-time buyer, an investor, or a hands-on owner looking for an affordable entry into the market with room to grow. The large lot is a key asset, providing room for gardening, play, or future expansion, which is a less common find in this price bracket. The unrenovated basement represents both a project and a blank slate for future finishing.
Frequently Asked Questions
1. How does the home's size compare to others?
At 900 sqft, the living area is slightly below the average for Jackson Avenue but is very typical for the broader Ebby-Wentworth neighborhood. It's a compact, efficient layout.
2. What is the significance of the lot size?
The land area of 4,903 sqft is a standout feature. It ranks in the top 12% for the neighborhood, meaning you're getting significantly more outdoor space than most nearby properties, which is a valuable long-term asset.
3. Is the assessed value a reliable indicator of the sale price?
The recent sale price and the assessed value are closely aligned, suggesting the market currently values the property in line with municipal assessment. This provides a stable benchmark for valuation.
4. What does "unrenovated basement" typically imply?
This usually indicates the basement is in original or functional condition but would require updates for modern living standards. It offers utility space and storage, with the potential to be finished according to a new owner's needs and budget.
5. How does the age of the home factor in?
Built in 1949, it is older than most on its street but actually newer than many in the wider Ebby-Wentworth area. Buyers should anticipate maintenance consistent with a home of this era and consider a thorough inspection to understand the condition of major systems.