Property Overview: 758 Jessie Avenue, Earl Grey, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic two-and-a-half storey character property built in 1911, offering generous living space in a desirable, established neighbourhood. Its primary appeal lies in its above-average, renovated living area of 1,811 sq ft, which places it comfortably within the top tier of homes both in Earl Grey and on its own street. The renovated basement adds functional space. While the lot size is more compact than some, this often translates to lower maintenance, a valued feature for many. The home’s assessed value is positioned around the average for the area, suggesting it is in line with market expectations without being over-leveraged.
This property would suit a buyer looking for the charm and space of a century home without the largest yard upkeep. It’s ideal for someone who values interior square footage and modernized living areas (like the basement) over expansive outdoor space. The data indicates it offers a "right-sized" option in Earl Grey—providing the neighbourhood prestige and character without the premium often attached to the largest lots, making it a smart entry point into the area.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
At 3,008 sq ft, the lot is more compact than the average for Winnipeg, but is fairly typical for the central Earl Grey neighbourhood. This means lower maintenance for gardening and yard work, which can be a benefit. It may limit potential for large additions, but maximizes the efficiency of the land.
2. Is the older year of build (1911) a concern?
While the home is over a century old, its assessed value remains strong relative to the area. This suggests the structure has been maintained. A pre-purchase inspection is always recommended for homes of this age to understand the condition of foundational elements like wiring, plumbing, and the roof.
3. What does the "above average" living area ranking mean practically?
Ranking in the top 6% of Earl Grey for living area means this home offers significantly more interior space than most in the neighbourhood. This is a key advantage for families or those who work from home and need dedicated rooms, without necessarily paying for a much larger property footprint.
4. There's no garage. What are the parking options?
The listing notes no garage. Buyers should investigate on-street parking permits and the typical availability of street parking on Jessie Avenue. For some, the trade-off of no garage for a larger renovated home in a prime location is acceptable.
5. How does the last sale price (380k in 2023) relate to the assessed value?
The assessed value is an administrative figure used for calculating property taxes, not a market appraisal. The fact that the 2023 sale price was significantly higher than the current assessed value is common and reflects strong market demand at the time. It highlights the importance of current market analysis, not just assessment data, when determining offer price.