Property Overview: 211 Forrest Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the Jefferson neighbourhood presents a practical and well-positioned opportunity. Its key features include a renovated basement, a detached garage, and a modest 1,055 sqft layout on a standard city lot. The data reveals a compelling nuance: while the living space is average for the area, the home’s assessed value ranks notably above average both on its street and in Jefferson. This suggests it may be perceived as offering better value or condition than many direct comparables. Built in 1959, it is a newer construction relative to many homes in the vicinity, potentially implying fewer concerns with aging infrastructure common in older builds.
The appeal lies in its grounded, no-frills practicality. It suits first-time buyers seeking an entry point into homeownership without a massive project, or downsizers looking for manageable single-level living. The renovated basement adds functional space, and the above-average assessment for the area could indicate a solid foundation for value. It’s a home for those who prioritize location and livability over size and luxury, offering a chance to live in a neighbourhood with established character without the premium price tag of newer subdivisions.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in October 2020 for an estimated $29.5K-$32.5K. Its current assessed value of $33.2K is slightly above that range, which is typical as assessments aim to reflect market value. It ranks well above the average assessed value for Jefferson.
2. What does the "above average" ranking for Year Built mean?
Built in 1959, this home is newer than most on its street and in the Jefferson area, where many homes date to the 1920s-1940s. This could mean relatively newer major systems (like plumbing or electrical), though a specific inspection is always recommended.
3. Is the living space sufficient for a family?
At 1,055 sqft, the living area is average for the neighbourhood but below the city-wide average. The renovated basement provides additional flexible space. It would best suit a small family, a couple, or an individual.
4. What are the implications of a detached garage?
A detached garage offers useful storage or workshop space separate from the house. Buyers should consider the convenience of accessing it in winter weather compared to an attached garage.
5. How can I get the exact historical sale price?
The exact sold prices are not publicly displayed. You can request the precise figures by emailing the listing service via the "Get exact sold price history" button; they provide this data manually without using your email for marketing.