Property Overview: 79 Jewett Bay, River West Park, Winnipeg
Key Characteristics & Appeal
This 1977 home sits on a generous 7,111 sqft lot in Winnipeg's River West Park neighborhood. With 1,254 sqft of living space and an assessed value of $448,000, it presents a specific value proposition. Its appeal is rooted in context: while the home's size is below average for its immediate street and neighborhood, it is newer than most on its block (ranking in the top 3%) and sits on a lot that is above average city-wide. The assessed value is notably above the Winnipeg average, yet sits below the averages for Jewett Bay and River West Park.
This property suits practical buyers looking for a solid lot size in an established area without paying a premium for above-average square footage. It may appeal to those who value outdoor space over interior size, or to buyers viewing the home as a foundation for future expansion or renovation, given its newer build date relative to the street. It represents an entry point into a street where homes typically have higher assessed values and larger footprints.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $448,000 is a municipal calculation for tax purposes, not a market appraisal. It is above the Winnipeg average but below the average for Jewett Bay itself, suggesting the property is assessed at a discount compared to its immediate neighbors. A market valuation is essential.
2. How does the living area compare to nearby homes?
At 1,254 sqft, the living area is smaller than most comparable homes on Jewett Bay (average 1,553 sqft) and in River West Park (average 1,678 sqft). However, it is close to the city-wide average of 1,342 sqft.
3. Can I see the exact historical sale prices for this home?
The site does not publish a full transaction history from public data. You must request exact sold price information via email for a manual lookup, as MLS data is not displayed due to industry rules.
4. What are the advantages of the lot size?
The 7,111 sqft lot is larger than the city-wide average of 6,570 sqft, ranking in the top 16% in Winnipeg. This offers valuable outdoor space, potential for gardening, additions, or recreational use, which is a significant asset even if the home itself is more modest in size.
5. The home is noted as "newer" on its street. How significant is this?
Built in 1977, it is the newest among the 34 comparable homes on Jewett Bay, where the average year built is 1976. This suggests potentially fewer immediate concerns with aging core components (like roofing or foundation) relative to direct neighbors, though a thorough inspection is always necessary.