Property Overview
This 1946 one-storey home at 409 Rupertsland Avenue in Winnipeg's Jefferson neighbourhood is a compact, no-frills property with a renovated basement and a detached garage. At 652 sqft, its living space is notably smaller than most comparable homes in the area, city, and on its own street. However, its assessed value of $270k is closer to the average for Jefferson, suggesting the lot and renovations contribute to its valuation. The lot size is fairly typical for the area. Recent sale data indicates it last sold in mid-2022.
Key Characteristics & Appeal
The primary appeal of this home lies in its efficiency and potential as a starter property or a strategic investment. Its below-average size translates to lower utility costs and minimal upkeep, which suits first-time buyers, downsizers, or investors looking for a manageable rental property. The renovated basement adds functional living space, a key upgrade in a home of this vintage. The detached garage offers valuable storage or workshop space.
Its value is grounded more in its land and location than its square footage. For the right buyer, the smaller interior isn't a drawback but a feature—promoting a simpler, lower-cost lifestyle without sacrificing the benefits of detached home ownership. It would suit a pragmatic buyer who views a house as a practical asset rather than a status symbol, and who is comfortable with a home that ranks below average in size but offers solid fundamentals like a updated basement and a standard city lot.
Frequently Asked Questions
1. Is the living area really only 652 sqft?
Yes. This is significantly smaller than the average home in Winnipeg (~1,342 sqft), Jefferson (~1,029 sqft), and even others on Rupertsland Avenue (~1,075 sqft). The renovated basement provides additional usable space.
2. Why is the assessed value $270k if the house is so small?
Property assessment considers multiple factors, including the renovated basement, the detached garage, the land value, and its location within Jefferson. The value aligns more closely with area averages, indicating these features offset the smaller main-floor footprint.
3. How old is the home, and what does that mean for maintenance?
Built in 1946, the home is older than many in its comparison groups. Buyers should budget for potential updates to aging core components, such as the roof, wiring, or plumbing, common for houses of this era.
4. What are the exact prior sale prices?
The provided data shows a sale range for July 2022 ($26.5k - $29.5k), which likely reflects a data anomaly or a non-arms-length transaction. For accurate, verified historical sale prices, you must request the information directly via the provided email service.
5. How does the lot size compare?
At 4,747 sqft, the lot is around average for Jefferson and on Rupertsland Avenue. It provides standard outdoor space for a city home, which is a positive factor given the compact living area.