Property Overview: 1013 Jessie Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,033 sqft home, built in 1944, presents a practical opportunity in Winnipeg's Rockwood neighborhood. Its primary appeal lies in its generous 4,850 sqft lot, which is significantly larger than most on its street and in the area, offering valuable outdoor space and potential. The assessed value sits comfortably below city-wide averages, suggesting a relatively accessible entry point into the market.
The home suits first-time buyers or downsizers seeking a established character home with a sizable yard without a premium price tag. Its living space is compact and efficient, aligning with neighborhood norms but below the street average, making it a "right-sized" option for those not needing excess square footage. A thoughtful perspective is that this property represents a balance: you're acquiring an above-average lot in a mature area, but the home itself may require updates common for its era. Its consistent sale history indicates steady demand, and its older construction year on a street of even older homes suggests it might be among the more recently built properties in its immediate block.
Section 2: Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 1,033 sqft, the living area is slightly above the Rockwood neighborhood average but below the average for Jessie Avenue itself. This indicates a moderately sized home for the area, often appealing for its manageability.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $297k is a municipal valuation for tax purposes. Notably, it's below both the city-wide average and the historical sold price range from 2023 ($300k-$350k). Market conditions, property condition, and demand will ultimately determine the sale price.
3. What does the lot size mean for me?
The lot is a standout feature. At 4,850 sqft, it's larger than approximately 80% of the lots on Jessie Avenue. This allows more room for gardening, recreation, or future expansions like a shed or deck, which can be a rarity in older neighborhoods.
4. The home was built in 1944. What should I consider?
While older, it's actually newer than many homes on its street. Buyers should budget for potential updates to systems like wiring, plumbing, or insulation, and consider a thorough inspection. The era also brings character and established, tree-lined streets.
5. How can I verify the exact past sale prices?
The site provides sold price ranges. To obtain exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.