Property Overview
This one-and-a-half storey home on Enniskillen Avenue in Winnipeg's Jefferson neighbourhood presents a practical opportunity. Built in 1951, it features 1,221 square feet of living space, a detached garage, and a full, unrenovated basement on a standard 4,598 sqft lot. Its appeal lies in its straightforward, functional layout and its position as a relatively affordable entry point into the market. The home suits first-time buyers comfortable with a property that offers solid fundamentals but may require updates, or investors looking for a rental property with a traditional layout. A thoughtful perspective is that while its assessed value ranks below average for its street, this can indicate a lower property tax burden relative to nearby homes, which is a tangible, long-term cost saving. The unrenovated basement, while not a modern finish, offers a blank canvas for future expansion or customization according to a new owner's needs and budget.
Frequently Asked Questions
1. How does the home's size compare to others in the area?
The living area is comfortably above average for the immediate Jefferson neighbourhood, offering more interior space than many comparable local homes.
2. What is the significance of the below-average assessed value?
A lower assessed value compared to neighbours on the same street typically results in lower municipal property taxes, which is a recurring annual saving for the homeowner.
3. Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." It is a full basement, providing ample storage and utility space, but it is not a finished living area.
4. What can the past sale price tell me?
The home sold in May 2020 for an estimated price between $19.5k and $22.5k. This provides a historical benchmark, but current market value will depend on present conditions, any changes made to the property, and its exact condition.
5. How does the land size affect the property?
The lot is just under 4,600 square feet, which is very typical for the area. It provides a standard backyard space for a home of this era and style, but is not an unusually large or small parcel.