Property Overview
This well-situated home at 223 Rupertsland Avenue in Winnipeg's Jefferson neighbourhood presents a solid, grounded opportunity. Built in 1950, it's a one-storey house with a renovated basement and a detached garage. Its primary appeal lies in its strong positioning within its immediate area. The lot is notably generous for the street and neighbourhood, placing in the top 13% locally, which offers valuable outdoor space and potential. While the living area is average for the area, the home's assessed value ranks in the top 9% on its street, suggesting it is viewed as a higher-quality asset compared to its direct peers. This combination points to a property that has been maintained or improved relative to others nearby. It would suit a practical buyer looking for a established neighbourhood character, space around the home, and a residence that stands on above-average footing in its local market without being a city-wide outlier.
Frequently Asked Questions
What does the "above average" assessed value ranking mean?
It means that, compared to similar homes directly on Rupertsland Avenue and in the Jefferson area, this property's official assessed value is higher than most. This often reflects factors like renovations (the basement is noted as renovated), lot size, or overall condition relative to neighbours.
Is the living space small?
At 1,130 sqft, it is slightly above the average for both the street (1,075 sqft) and the Jefferson area (1,029 sqft). It provides a comfortable size for the neighbourhood, though it is below the city-wide average, which is typical for established post-war communities.
How does the lot size compare?
The lot of 5,933 sqft is a key feature. It ranks in the top 13% on the street and top 11% in Jefferson, meaning it's significantly larger than many nearby properties. This is a considerable advantage for privacy, gardening, or future expansion.
The home was built in 1950. What should I consider?
While the age is typical for the area, a home of this vintage will have its original components, like windows or plumbing, nearing the end of their lifespan. The renovated basement is a positive update, but a thorough inspection of major systems is always advised.
Why is the city-wide ranking for some metrics much lower?
This is an important perspective. While the home ranks very well within its established neighbourhood context, city-wide rankings include vast numbers of newer suburban homes with different standards (e.g., larger modern floor plans). This highlights that the home's true value and appeal are best judged against its local peers in Jefferson, where it consistently performs above average.