279 Rupertsland Avenue

Property Overview: 279 Rupertsland Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in the Jefferson area presents a practical opportunity with a few distinct advantages. Its key characteristic is a well-proportioned lot—at nearly 6,000 sqft, the land area is notably larger than many in the immediate neighborhood and Jefferson area, offering valuable outdoor space. The 1,051 sqft living area is consistent with local averages, and the home features a detached garage and a basement (not renovated).

The appeal lies in its grounded, no-surprises profile within a mature community. For its street, the home is newer than most (built 1951), and its assessed value sits around the local average, suggesting a fairly priced entry point. This isn’t a renovated showhome, but a property with a solid footprint and a lot that provides room to breathe, garden, or expand.

This home would best suit a buyer looking for a straightforward, value-conscious purchase in a settled area. It’s a candidate for those comfortable with a home that may need updates over time, or for an investor seeking a land-strong asset with rental potential (subject to due diligence). The larger lot is a particular draw for anyone prioritizing private outdoor space over a larger interior.

Section 2: Frequently Asked Questions

1. Is the price fair for the area?
Based on the provided assessment data, the home’s value is around the average for both Rupertsland Avenue and the wider Jefferson area, suggesting the asking price is likely aligned with local market norms.

2. What does "basement, not renovated" typically mean?
This usually indicates a functional but unfinished or partly finished basement. It likely has essential systems (furnace, water heater) but may have concrete floors, exposed walls, and dated finishes. It represents potential for future living space or storage, but would require investment to modernize.

3. How does the lot size compare to nearby properties?
The lot is a standout feature. At 5,930 sqft, it ranks in the top 17% on its own street and the top 12% in the Jefferson area, meaning it’s significantly larger than many neighboring properties.

4. What are the implications of the home being built in 1951?
While 75 years old, it’s actually newer than many homes on its street. This can be positive, but a home of this age will likely have older components. A thorough inspection is essential to understand the condition of the roof, wiring, plumbing, and insulation.

5. Why is the city-wide assessed value ranking lower?
The assessment is comparative. While the value is average for its immediate area, city-wide data includes many newer suburbs and larger, higher-value homes, which shifts the average upward. This doesn’t reflect poorly on this property; it simply highlights the diversity of Winnipeg’s housing stock.