545 Rupertsland Avenue

Property Overview: 545 Rupertsland Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in the Jefferson neighborhood presents a practical and value-oriented opportunity. Its key characteristics include a renovated basement, a detached garage, and a modest 905 sqft living space on a standard 5,338 sqft lot. Built in 1951, it is notably newer than many homes on its street.

The appeal lies in its strong relative value and move-in readiness. The assessed value ranks above average for both the street and the Jefferson area, suggesting a solid investment within its immediate community. The renovated basement adds functional living space without the need for immediate work. This property would suit first-time buyers seeking an affordable entry into the market, or practical investors looking for a maintained rental property. It’s a home that offers neighborhood equity—performing well in its local context—rather than competing with larger, newer builds citywide. The data indicates you’re paying for a well-positioned asset in its micro-market, not for excess square footage.

Section 2: Frequently Asked Questions

1. How does the living area compare to nearby homes?
At 905 sqft, the living area is around the average for Rupertsland Avenue and the Jefferson area, but below the average for the entire city. This is typical for many established neighborhoods.

2. Why is the assessed value considered above average locally?
The home’s assessed value ranks in the top 25-27% for its street and neighborhood. This is likely due to a combination of the renovated basement, its relatively newer construction date for the street, and overall property condition compared to immediate peers.

3. What does the sold price history indicate?
The home sold previously in April 2020. For specific, exact sold prices, you can request the information via email from the listing service, which provides this data manually.

4. Is the lot size a pro or a con?
The lot is standard for the area. It ranks around the middle locally and city-wide, offering typical yard space for the neighborhood without being exceptionally large or small.

5. How significant is the 1951 build year?
While below the city-wide average for home age, it ranks in the top 7% on Rupertsland Avenue, meaning it is one of the newer homes on the block. This can suggest potentially fewer issues with very old infrastructure compared to neighbors.