Property Overview: 285 Forrest Avenue, Winnipeg
Key Characteristics & Appeal
This 1987 bi-level home at 285 Forrest Avenue in the Jefferson neighbourhood presents a practical and modern opportunity within its local market. With 973 sqft of living space and a renovated basement, its key appeal lies in its relative newness compared to most area homes; it was built decades after the neighbourhood's typical housing stock, potentially offering more contemporary construction and systems. The assessed value places it above average for Jefferson, suggesting it is a well-regarded property within the immediate area.
Its appeal is grounded in value and practicality. It suits first-time buyers or downsizers looking for a manageable, modernized footprint without the maintenance concerns of a century-old home. The renovated basement adds functional living space. A less obvious perspective is that its smaller land area (3,612 sqft) compared to city averages translates to less yard upkeep—a potential benefit for those seeking a low-maintenance lifestyle. This isn't the largest home on the block, but its newer age and solid assessment indicate a property that stands out for its condition and era in a mature neighbourhood.
Frequently Asked Questions
1. How does this home's age compare to others nearby?
It is significantly newer. Built in 1987, it ranks in the top 5% for year built in the Jefferson neighbourhood, where the average comparable home was built around 1948.
2. Is the assessed value high for the area?
Yes. With an assessed value of $309,000, it ranks above the neighbourhood average, placing in the top 27% in Jefferson. This often reflects factors like the home's condition, renovations, and its newer construction.
3. What is the living space like relative to other homes?
At 973 sqft, the living area is close to the average for both Forrest Avenue and the Jefferson neighbourhood. It is, however, notably smaller than the Winnipeg city-wide average for comparable homes.
4. How recent are the sale records for this area?
Nearby comparable homes on Forrest Avenue sold in early 2025, providing very current market data for the specific street.
5. Where can I find the exact historical sold price for this property?
The exact sold price history is available by request. You can provide your email to receive the precise figures directly, as the public data shows estimated price ranges.