Property Summary: 750 Jessie Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Earl Grey presents a distinct profile centered on its generous, above-average lot. With a land area of over 6,000 sq ft, the property ranks in the top tier for its neighbourhood and street, offering significant outdoor space that is increasingly rare. The house itself is more modest at 909 sq ft of living space and was built in 1952, making it notably newer than many surrounding homes in this established area. It features a renovated basement and a detached garage.
Its primary appeal lies in this land-to-building ratio, positioning it as a solid opportunity for buyers who value space and potential over immediate square footage. It would suit a first-time buyer or downsizer looking for a manageable, single-level home with room for gardens, pets, or future expansion. It also appeals to the value-conscious investor or renovator who sees the underlying asset in the lot itself, with the home's more recent vintage (compared to neighbours) potentially meaning fewer immediate heritage or major system concerns. The recent sale suggests a market-ready property.
Section 2: Frequently Asked Questions
1. Is the house small compared to others in the area?
Yes. At 909 sq ft, the living area is below the average for both Jessie Avenue and the wider Earl Grey neighbourhood. The value proposition here leans more on the substantial lot size.
2. What does the "Elite" ranking for Land Area mean?
It means this property's lot size is in the top 2% of all comparable properties in Earl Grey and the top 6% on its own street. This is its most standout statistical feature.
3. The home was built in 1952, but the data says that's "Elite" for the street. Why?
Because many homes on Jessie Avenue are much older, with an average build year of 1923. This makes the 1952 construction date a relative advantage, potentially indicating newer building materials, wiring, or plumbing compared to neighbouring century-old homes.
4. How does the assessed value relate to the recent sale price?
The property was assessed at $27,600 but sold for $29,500 in February 2025. The sale price came in above its assessed value but still positioned it below the area's average, reflecting a market transaction that acknowledged its unique characteristics.
5. Who might this property not be suitable for?
It may not suit buyers seeking a large, move-in-ready home with ample indoor living space or modern open-concept layouts. The smaller interior and traditional one-storey footprint prioritize the land asset over the current dwelling's size.