Property Overview
This home at 1014 Jessie Avenue in Winnipeg's Rockwood neighborhood presents a compelling mix of historic charm and above-average space. Its primary appeal lies in its generous proportions, both in the home's footprint and its lot size, which stand out significantly within the immediate area. Built in 1914, it is notably older than most homes in Rockwood, suggesting classic character and potential for heritage features, but also implying a different maintenance and renovation profile compared to mid-century homes.
The property is ideally suited for buyers who prioritize interior and exterior space over a newer build. It appeals to those looking for a home with a established presence on a large lot, possibly for gardening, expansion, or simply more privacy than is typical for the street. The assessed value sits above the local averages but aligns with the city-wide norm, positioning it as a premium property on its block that offers good value within the broader Winnipeg market. It would particularly suit a buyer comfortable with the nuances of an older home who wants the roominess of a property that ranks in the top tiers for size locally.
Frequently Asked Questions
1. How does the age of this home (1914) affect its value and appeal?
While older than most area homes, the age contributes to its character and is factored into its above-average assessment for the street. It may appeal to those seeking classic architecture but requires a mindful approach to maintenance and potential updates.
2. The living area is elite for the neighborhood, but the assessed value is only above average. Why might that be?
The larger living area is a significant asset, but the home's older age and the specific market valuations in Rockwood likely balance the assessment. This can represent an opportunity, offering more square footage per dollar compared to newer homes with similar assessments.
3. What does the "Elite" ranking for land area mean practically?
Ranking in the top 1% on its street for lot size means you're getting a property with substantially more outdoor space than the typical neighbor. This allows for greater potential for landscaping, outdoor living, or future additions where zoning permits.
4. The last sold price range shows it previously sold for less. What does that indicate?
It last sold between $300k-$350k in early 2019. The increase to its current $414k assessment reflects market appreciation over several years and possibly any improvements made during that ownership period.
5. Where can I find verified, exact historical sale prices for this property?
The site notes that due to industry rules, exact MLS sold records are not displayed publicly. You can request the full transaction history and exact figures via email from the site provider, who will manually look up the information.