462 Jubilee Avenue

Property Summary: 462 Jubilee Avenue, Winnipeg

Section 1: Overview & Appeal

This home, built in 1925, is a classic character property situated on a generous lot in the established Lord Roberts neighbourhood. Its key characteristics include a 1,320 sqft living area and a 5,497 sqft land area, both of which are notably above average for the immediate area, offering more space than many city-wide comparables. The appeal lies in its established setting—a street where the home’s size and lot dimensions are competitive—combined with the value proposition of a below-average city-wide assessed value. This suggests potential for buyers who see value in a solid, spacious home in a mature neighbourhood without a premium price tag.

It would suit a practical buyer looking for character-home space and a sizable yard, who is comfortable with a home from the 1920s. It’s also a sensible option for those prioritizing lot size over a modern build date, as the property offers more outdoor space than most in the wider city. A less obvious perspective is that its "around average" metrics on its own street indicate it fits seamlessly into the neighbourhood, avoiding the pitfalls of being the smallest or most dated property on the block, which can be a subtle advantage for long-term value.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others?
The home’s assessed value is around average for Lord Roberts and Jubilee Avenue, but sits below the city-wide average. This can indicate a value opportunity within a desirable, established neighbourhood.

2. What does the lot size mean for me?
At 5,497 sqft, the lot is significantly larger than the average for Lord Roberts (ranked in the top 11% for the area). This is a major feature, offering ample space for gardening, outdoor living, or future expansion.

3. Is a 1925-built home a concern?
The year built is typical for the street and area. Buyers should expect the character and potential maintenance considerations of a century-old home, and a thorough inspection is essential to understand the condition of major systems.

4. What is the recent sales history?
Public records show it last sold between $250,000 and $300,000 in 2021. For the exact sale price, you can request details via email from the listing service.

5. How does the living space compare?
At 1,320 sqft, the living area is above average for the local area and on par with the city-wide average. This suggests a comfortably sized home relative to its neighbourhood context.