473 Rupertsland Avenue

Property Overview: 473 Rupertsland Avenue, Winnipeg

Key Characteristics & Appeal

This 875 sqft one-storey home, built in 1951, sits on a 5,340 sqft lot in the Jefferson neighbourhood. Its key appeal lies in its solid positioning within its immediate area. The home is notably newer than most on its street, and the lot size is above average for Jefferson. It features a renovated basement, adding functional living space. The assessed value is consistent with area norms, and its last recorded sale in late 2022 was in a competitive price range for the street.

This property would suit a first-time buyer or practical downsizer looking for a manageable, single-level layout in an established neighbourhood. It offers a balance of a generous lot for the area with a home that requires no major updates to the basement. The data suggests it’s a very typical home for Jefferson, offering a sense of stability rather than standing out as an outlier, which can be appealing for those seeking value without unexpected premiums.

Frequently Asked Questions

1. How does the living space compare to other homes?
At 875 sqft, the living area is slightly below the citywide average but is quite typical for both Rupertsland Avenue and the broader Jefferson neighbourhood, where it ranks around the average.

2. Is the assessed value high for the area?
No, the assessed value is very much in line with the local market. It ranks close to the average for both the street and Jefferson, indicating it is priced consistently with its peers and not assessed at an unusual premium.

3. What is the significance of the 1951 build year?
While older than the citywide average, this home is actually newer than most on its specific street. This can sometimes indicate potentially newer components (like plumbing or electrical) compared to immediate neighbours, though a specific inspection would be needed to confirm.

4. What can the 2022 sale price range tell me?
The sale price range from November 2022 shows the home sold in the top 13-18% of prices for its street and area at that time. This indicates it was a competitive, desirable property within its local context during that market period.

5. How does the lot size impact this property?
The lot is over 5,300 sqft, which is above the average lot size for the Jefferson neighbourhood. This is a less obvious advantage, providing more outdoor space than many nearby properties, which could be valuable for gardening, expansion, or simply more privacy.