Property Overview: 51 Jewett Bay, River West Park, Winnipeg
Key Characteristics & Appeal
This 1976-built home on Jewett Bay presents a solid, balanced offering in Winnipeg’s River West Park neighborhood. With 1,714 sqft of living space and a 6,547 sqft lot, its size is comfortably above the citywide average, providing more room than many Winnipeg homes. The property’s assessed value of $481k aligns closely with its immediate street and neighborhood, suggesting it is priced consistently within its local market, while still holding a value position above the city average.
The appeal here lies in its established neighborhood setting and its relative value at the city level. It’s a home that doesn’t stand out as exceptionally large or new on its own street, but offers more space and a larger lot than typical Winnipeg properties. This creates an interesting dynamic: it’s a “middle-of-the-pack” home in a desirable local context, which can mean less competition and more predictable property values, while still offering above-average amenities compared to the broader market. It would suit buyers looking for a stable, move-in-ready home in a mature neighborhood without the premium often attached to the absolute largest or newest homes on the block. It’s a practical choice for families or long-term owners who value neighborhood character and space over a cutting-edge renovation or custom build.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $350k-$400k in September 2016. Its current assessed value is slightly above the street average of ~$474k. For exact, verified sale prices of this and comparable nearby properties, you can request a manual lookup via email.
2. Is the lot size a pro or a con?
The lot is above average for Winnipeg but slightly smaller than the typical lot on Jewett Bay. This means you get a generous yard by city standards, but it may feel standard within the immediate area.
3. What does the “around average” ranking for the neighborhood mean?
For key metrics like living area and assessed value, this home ranks near the middle (top 45-49%) of the 451 comparable properties in River West Park. It indicates the home is a very typical representation of the neighborhood, not an outlier in size or value.
4. The home was built in 1976. Is that a concern?
The build year is exactly the neighborhood average for comparable homes, and newer than the city average. This suggests the home is in line with a large cohort of well-established properties in River West Park. As with any home of this age, a thorough inspection of major systems (roof, HVAC, plumbing) is recommended.
5. Where can I see how this property compares visually to its neighbors?
You can use the provided link to open a detailed neighborhood map analysis. This tool allows you to see nearby homes and compare them visually based on year built, lot size, living area, and assessed value.