Property Overview
This 904 sqft, one-storey home on a 5,339 sqft lot in Winnipeg's Jefferson neighbourhood presents a practical and straightforward opportunity. Built in 1951, it is notably newer than many on its own street. Key features include a renovated basement and a detached garage. The home's assessed value and living space are very typical for the immediate area and Jefferson neighbourhood, meaning it is priced and sized in line with local expectations. Its appeal lies in its relative simplicity, a manageable size for upkeep, and a lot that is larger than many in the wider Jefferson area, offering good outdoor space potential. This property would suit first-time buyers seeking an entry point into the market, downsizers looking for a single-level layout without a major project, or pragmatic investors interested in a stable, rental-ready asset in an established community.
Frequently Asked Questions
Is the basement a legal suite?
The listing notes the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its current compliance with local zoning and building codes if considering rental income.
How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes. The last recorded sale was in 2017 for an estimated $22.5k-$25.5k. The current market value will be influenced by recent sales, condition, and market trends, not the assessment.
What are the implications of the home being "newer" than others on the street?
While built in 1951, it ranks in the top 7% for year built on Rupertsland Avenue. This suggests potentially fewer immediate concerns with very aged infrastructure (like original plumbing or wiring) compared to neighbouring homes, though a full inspection is still essential.
The living area is below the city average. Is the house small?
At 904 sqft, it is smaller than the Winnipeg average but is actually around the typical size for the Jefferson neighbourhood. This indicates the home is aligned with the community's character and may offer lower utility costs and less maintenance.
What is the significance of the lot size being "above average" for Jefferson?
With a lot size ranking in the top 29% for the neighbourhood, the property offers more outdoor space than many nearby homes. This is a valuable asset for gardening, expansion, or simply having more privacy, and is a key differentiator.