Property Overview
279 Forrest Avenue is a one-and-a-half storey home in Winnipeg's Jefferson neighbourhood. Built in 1920, it offers 1,096 sqft of living space with a renovated basement and a detached garage. The home sits on a modest 2,408 sqft lot. Its assessed value positions it as a more affordable option within its local area, especially when compared to city-wide averages. Recent sales data indicates it last sold in early 2021.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of updated essentials and classic character at a relatively accessible price point. The renovated basement adds functional living space, a valuable upgrade in an older home. Its size is practical for small households, offering enough room without the upkeep of a larger property. The detached garage provides utility and storage in a neighbourhood where this isn't always guaranteed.
It would suit first-time buyers or downsizers looking for a manageable, no-fuss home in an established area. The numbers suggest it's priced below many comparable homes in the wider city, making it a potential entry point into the market. A thoughtful perspective is that while the lot is smaller than average, this translates to less yard maintenance—an appealing feature for those seeking a low-maintenance lifestyle. The home’s age means charm is likely, but it also suggests that future buyers should be comfortable with the ongoing care typical of a century-old structure.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is around average for Forrest Avenue itself but is below the average for both the broader Jefferson neighbourhood and the city of Winnipeg as a whole, indicating it may represent a value-oriented opportunity in the area.
2. What should I consider about the lot size?
At 2,408 sqft, the lot is significantly smaller than most in Jefferson and city-wide. This means minimal yard maintenance but also limited private outdoor space and potential for expansion.
3. The home was built in 1920. What does that imply?
Buyers can expect classic architectural character but should budget for the maintenance and potential updates required for a 100+ year-old home. A thorough inspection is highly recommended to understand the condition of major systems.
4. What does the sales history show?
The home was sold in February 2021. For exact historical sold prices, you can request the information directly via email from the listing source.
5. Are there similar homes nearby?
The listing shows several nearby homes on Forrest Avenue with similar vintage and assessed values, suggesting a consistent, established streetscape of character homes from the same era.