Property Overview: 325 Rupertsland Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1948, featuring a renovated basement and a detached garage. Its primary appeal lies in its efficient footprint and lot size. With 728 sqft of living space, the house is notably smaller than most in the city, which positions it as an affordable, low-maintenance option. The lot, at just under 5,000 sqft, is manageable yet provides ample outdoor space for a garden or recreation—a relative luxury for a home of this size in Winnipeg.
The property’s assessed value is consistently average for its immediate neighborhood and the Jefferson area, suggesting stability and alignment with local market norms. The renovated basement adds valuable functional space, effectively increasing the usable square footage. This home would suit first-time buyers, downsizers, or pragmatic investors seeking an entry into the market with lower utility costs and upkeep. Its charm is not in grandeur, but in practicality and the potential to live efficiently in a well-established community.
Frequently Asked Questions
1. Is the small living area a significant drawback?
While below the city average, the efficient layout and additional renovated basement space help offset the modest main-floor square footage. It’s a trade-off for lower purchase price, property taxes, and heating costs.
2. How does the lot size compare?
At 4,743 sqft, the lot is smaller than others on Rupertsland Avenue but is very typical for the broader Jefferson area. It offers a balanced yard that is easier to maintain than larger plots.
3. What does the assessed value indicate?
An assessed value that is average for the street and neighborhood, but below the city average, often points to a property that is reasonably priced within its immediate context without the premium of some Winnipeg areas.
4. The home is 78 years old. What should I consider?
While the basement has been renovated, a home of this age will have a focus on the condition of core systems (roof, wiring, plumbing, foundation). A thorough inspection is essential.
5. Who might this property not suit?
It may not fit buyers who need multiple bedrooms, dedicated home-office spaces, or who prefer a modern, open-concept layout, as the original floor plan likely features more compartmentalized rooms.