Property Overview: 258 Forrest Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home in the Jefferson neighbourhood presents a practical opportunity centered on its land. Built in 1922, the 864 sqft house is compact and sits on a notably large 6,237 sqft lot—a standout feature that ranks in the top 3% for lot size on its own street. The basement has been renovated, adding functional living space. Recent sale activity suggests a moving market.
Its primary appeal lies in its land value and location context. For its immediate area, the home’s assessed value and living space are around average, but it offers a much larger-than-typical yard for the street, providing privacy, space for gardens, or future expansion potential. The appeal is grounded in practicality rather than luxury, suited for a buyer comfortable with a home of vintage character who values outdoor space over a large interior. It would suit a first-time buyer, an investor looking for a land-value play, or someone seeking a manageable footprint with room to breathe outdoors. It’s a property where the true asset may be the dirt it sits on, offering a blank canvas for future projects or simply the enjoyment of generous green space in a mature neighbourhood.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The 6,237 sqft lot is a key feature. It is significantly larger than the average lot on Forrest Avenue (approx. 4,194 sqft) and in the Jefferson neighbourhood (approx. 4,742 sqft), ranking it among the largest on the street.
2. What is the recent sales history?
The property sold recently in December 2024. An earlier sale was recorded in August 2020, indicating a turnover about every four years, which can be a sign of an active, in-demand local market.
3. How does the home’s size compare to others?
With 864 sqft of living area, the house is moderately sized for its immediate street and neighbourhood but is below the average size for the city of Winnipeg as a whole.
4. What is the neighbourhood context?
It’s located in Jefferson, a mature neighbourhood with homes primarily built in the mid-20th century. The property’s age (1922) is typical for the street but older than the citywide average.
5. Are there comparable properties nearby?
The listing references nearby homes on Forrest Avenue with similar vintage, smaller living areas, and slightly lower assessed values, providing a consistent neighbourhood character. Direct neighbours are very close, typical of older urban areas.