Property Overview: 360 Rupertsland Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in the Jefferson neighbourhood presents a practical and grounded opportunity. Built in 1947, it features 1,050 sqft of living space and a renovated basement, complemented by a detached garage. The lot size of 4,745 sqft is typical for the local area.
The appeal lies in its position as a solid, average-performing home within its immediate context. Market data shows its living space, assessed value, and age are all squarely around the median for both Rupertsland Avenue and the wider Jefferson area. This suggests a stable, established setting without extreme outliers. The renovated basement adds modern utility to the classic structure.
This property would suit a first-time buyer or a pragmatic downsizer looking for a home that requires no surprises, offering a straightforward entry into a mature neighbourhood. It’s for someone who values functional updates (like the basement) and a manageable scale over grandeur or a blank-slate project. A thoughtful perspective is that its "average" metrics can be a strength, indicating a lower risk of over-improvement for the area and a realistic foundation for long-term value.
Section 2: Frequently Asked Questions
1. Is this home a good value compared to its neighbours?
Based on the provided data, the home’s assessed value and living area are consistently around the average for both the street and the Jefferson neighbourhood, suggesting it is priced in line with local norms.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope or quality. We recommend this be a key point for your viewing and inquiry to understand the finishes, permits, and intended use.
3. How does the lot size impact potential?
At 4,745 sqft, the lot is below average for Rupertsland Avenue but typical for Jefferson overall. It provides standard outdoor space for a home of this era but may limit extensive expansions compared to larger lots on the street.
4. What is the significance of the sold price history from 2019?
The recorded sale in late 2019 gives a historical benchmark. Market conditions have likely changed since, so this price should be used as a reference point only, not an expectation of current value.
5. Are there any obvious red flags from the public data?
The data itself shows no extreme outliers. The home’s age (79 years) means standard due diligence for an older property—such as inspections for foundation, roof, and major systems—is essential, as with any home from this period.