Property Overview: 255 Forrest Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2021, stands out in its Jefferson neighbourhood for its modern age and efficient layout. With 1,401 sqft of living space, it offers significantly more room than most nearby homes, ranking in the top 6% on its street. Its assessed value of $368,000 is elite for the immediate area, suggesting a premium, well-appointed property compared to its older neighbours.
The primary appeal lies in acquiring a like-new build in an established area, bypassing the immediate need for major renovations or updates. It suits buyers seeking modern construction efficiencies, a move-in-ready condition, and a home that is a clear standout in its local market for size and value. A thoughtful perspective is the trade-off: while the house itself is modern and spacious, the land area is notably smaller than area averages. This positions the property perfectly for those who prioritize low-maintenance outdoor space and a modern interior over a large, traditional yard.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement exists but is not renovated, providing usable storage or future expansion space.
2. What are the parking arrangements?
The listing indicates no garage. Parking would be via driveway or street, which is common for the area.
3. How does the property’s value compare?
Its assessed value is in the top 5% locally, meaning it is valued much higher than most homes on Forrest Avenue and in Jefferson, likely due to its new construction and larger living area.
4. The home is newer, but are the surrounding homes similar?
No. The data shows most homes in the vicinity are much older, with average build years around 1944-1948. This home is a clear exception, offering a different lifestyle amidst classic neighbourhood character.
5. What is the lot size like?
The land area is 2,411 sqft, which is below average for the street, neighbourhood, and city. This means a smaller yard, which translates to less outdoor maintenance but also less private outdoor space.