Property Summary: 560 Rupertsland Avenue, Winnipeg
Key Characteristics & Appeal
This 875 sqft, one-storey home on a 5,339 sqft lot presents a practical and straightforward opportunity in the Jefferson neighbourhood. Built in 1951, it is notably newer than many of its immediate peers on Rupertsland Avenue. The home features a renovated basement and a detached garage. Its appeal lies in its manageability and position as a solid, no-frills property. With a living area and assessed value that are generally around or below average for the wider city, it represents a more accessible entry point into the Winnipeg market.
The property would suit first-time buyers or practical investors seeking a functional home without the premium price tag of a larger or newer build. Its above-average lot size for the Jefferson area hints at potential for outdoor space or future expansion, appealing to those with a longer-term vision. The renovated basement adds valuable finished living space, making the home feel larger than its main-floor square footage suggests.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 875 sqft of living area, this home is slightly smaller than the average for both its street (1,075 sqft) and the Jefferson neighbourhood (1,029 sqft). However, the renovated basement provides additional finished space.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is often different from market value. This home's assessed value is below the city-wide average, which can sometimes indicate a more affordable starting point, but the final sale price will depend on market conditions.
3. What does the "newer" year built mean for this property?
Built in 1951, it is newer than many homes on its street (where the average year built is 1947). This could suggest updates to core components over time, but a thorough inspection is still essential for a home of this age.
4. What are the advantages of a detached garage?
A detached garage offers flexibility. It can be used purely for vehicle storage, workshop space, or storage without impacting the main house's living area. It may also provide more options for future landscaping or lot use.
5. Who would this property not be suitable for?
Buyers seeking a large, modern, or move-in-ready home with ample above-grade square footage may find this property too compact or in need of updates. It is best suited for those comfortable with a home of vintage character and manageable scale.