Property Overview
This two-storey home on Jessie Avenue in Earl Grey presents a blend of historic character and above-average living space. Built in 1907, it offers 1,761 sqft of living area, which is notably spacious compared to most homes on its street, in the neighbourhood, and across Winnipeg. The basement has been renovated. The lot is a standard city size for the area at 3,240 sqft, and the property does not include a garage or pool. Its last sale was in October 2020 for $370,000.
Key Characteristics & Appeal
The primary appeal of this home lies in its generous interior space within a well-regarded, central neighbourhood. Buyers will be drawn to the fact that the living area ranks in the top 13% on Jessie Avenue and the top 7% within Earl Grey, offering more room than typical comparables. The renovated basement adds functional, modernized space. Its assessed value is above average for the immediate area, suggesting it is well-positioned within the local market.
This property would suit a buyer who values character and space over new construction, and who is comfortable with the maintenance considerations of a century-old home. It’s ideal for someone seeking a established neighbourhood feel without compromising on square footage. A thoughtful perspective is that while the home is older than most in the city (ranking in the bottom 10% by year built), this also implies a potentially more established streetscape and mature landscaping not found in newer subdivisions. The lack of a garage, common for homes of this vintage in the area, may appeal to those prioritizing yard space or with alternative parking arrangements.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, moisture management, or permitted work should be verified through a viewing and inspection.
2. How does the 2020 sale price relate to today's value?
The property sold for $370,000 in October 2020. Current market conditions, updates made since then, and the above-average assessed value for the area should all be considered when determining its present market value.
3. What are the implications of the home's age (built 1907)?
While offering classic charm, a home of this age requires diligent attention to its major systems (plumbing, electrical, roof, foundation). A thorough inspection is essential to understand the condition and any needed updates.
4. Is street parking manageable on Jessie Avenue?
With no garage, parking will be on-street. Observing parking availability at different times of day is recommended to gauge convenience.
5. The living area is above average, but the lot size is average. What does this mean?
This suggests the home's footprint utilizes a good portion of the lot, which is typical for older neighbourhoods. It results in generous interior space but may mean a more modest private yard compared to some newer homes.