Property Overview: 756 Jessie Avenue, Earl Grey, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a spacious, character-filled two-and-a-half storey built in 1911, situated in the desirable Earl Grey neighbourhood. Its primary appeal lies in its generous, above-average living space (1,962 sq ft) and a recently renovated basement, offering modern functionality within a classic footprint. The detached garage adds practical value.
The property stands out statistically within its immediate context. Its living area ranks in the top 5% on its street and top 3% in Earl Grey, meaning it offers significantly more interior space than most comparable homes nearby. This makes it ideal for buyers seeking the charm of an older neighbourhood without compromising on room to grow, work, or entertain. It would suit a growing family, someone who values distinct neighbourhood character over a new build, or a buyer looking for a home that already has key updates like the basement renovation.
A thoughtful perspective: while the lot size is smaller than average for the street, this often translates to less exterior maintenance, focusing the property's value on the interior living experience and its prime location. The assessed value is strong for the area, suggesting a solid investment in a well-established community.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for living area actually mean?
It means this home's interior square footage is larger than 95% of similar properties on Jessie Avenue and 97% of those in the wider Earl Grey neighbourhood. You are getting a notably spacious home for this specific location.
2. The house was built in 1911. What should I consider?
While the basement has been renovated, the core structure is over a century old. Prospective buyers should prioritize a thorough inspection to understand the condition of major vintage home elements like the foundation, original plumbing, wiring, and windows, balancing charm with potential upkeep.
3. The lot seems smaller than others on the street. Is that a concern?
The land area is indeed more compact than many neighbours' lots. This limits expansive backyard potential but typically reduces yard work. The value here is concentrated in the home itself and its location rather than in extensive outdoor space.
4. How does the assessed value compare to the last sale price?
The current assessed value is $41.70k, while it last sold in December 2017 for $35.50k. This increase reflects market movement and changes in the property over time. Note that assessed value is for municipal tax purposes and may differ from current market value.
5. What are the immediate neighbours like?
The listing shows several homes on the same block, with very close proximity (e.g., next door is 8 meters away). This indicates a typical, closely built urban streetscape common in mature neighbourhoods, offering a community feel with less privacy between houses.