Property Summary: 759 Jessie Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home in Earl Grey presents a classic, early-20th-century character paired with practical potential. Built in 1912, it offers 1,400 sqft of living space and sits on a notably generous 4,807 sqft lot for the neighbourhood, ranking in the top 8% locally for land size. This spacious yard is a key asset, offering room for gardens, play, or future expansion. The home features a detached garage and a full, unrenovated basement, presenting a blank canvas for customization.
Its appeal lies in its established, tree-lined setting and above-average lot size, offering a sense of space that can be hard to find in mature areas. The home suits buyers who appreciate the charm and solid foundations of a century-old home and are prepared for a project, particularly in the basement. It’s an ideal match for a handy buyer or an investor looking to add value through thoughtful updates, or for a family prioritizing outdoor space over a move-in-ready interior. A less obvious perspective is its statistical steadiness: its assessed value and living area are consistently "around average" across street, neighbourhood, and city comparisons, suggesting it’s a stable, typical offering for the area without extreme premiums or red flags.
Frequently Asked Questions
1. What does "basement not renovated" typically imply?
It generally means the basement is in original or utilitarian condition, likely with unfinished or dated spaces. It presents an opportunity to customize to your needs but will require investment for modern living spaces, proper insulation, or moisture management.
2. How does the lot size compare to nearby properties?
The lot is a standout feature. At 4,807 sqft, it is significantly larger than the average lot in both Earl Grey (top 8%) and on Jessie Avenue itself (top 22%), offering more private outdoor space than most surrounding homes.
3. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value of $36.30k is for municipal tax purposes. The last recorded sale was in 2019 for $31.90k. The current market price will be determined by recent sales, condition, and demand, and will be much higher than these historical figures.
4. What are the pros and cons of a 1912 build?
Pros often include solid craftsmanship, character details, and established neighbourhoods. Cons can involve outdated mechanical systems (like wiring or plumbing), less efficient insulation, and the ongoing maintenance typical of any older home.
5. How does this home rank within the city overall?
City-wide, its living area and assessed value are around the middle of the pack. Its age (1912) places it in the older tier of Winnipeg homes (top 92%, meaning only 8% are older). Its key advantage locally—the large lot—is closer to the city average when compared to all Winnipeg properties.