Property Overview: 428 Rupertsland Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1947, situated on a standard-sized lot in the Jefferson neighbourhood. Its key characteristic is its modest scale, with a living area of 652 sqft that is notably smaller than most comparable homes locally and city-wide. The property features a detached garage and a renovated basement, adding functional space. The assessed value is consistently below the city-wide average, indicating a historically accessible price point.
The appeal lies in its simplicity and efficiency. It represents a straightforward, lower-maintenance entry point into homeownership, well-suited for a first-time buyer, an investor, or someone looking to downsize without the burden of a large property. The renovated basement offers immediate utility without the need for initial projects. A thoughtful perspective is that its smaller footprint can mean significantly lower utility costs and less time spent on upkeep, aligning with a minimalist or cost-conscious lifestyle. While not a standout in its immediate area, it holds its own as a practical, no-frills option in a mature neighbourhood.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 652 sqft above ground, it is compact. The renovated basement effectively doubles the usable living space, making the home feel more practical for one or two people. Buyers should be comfortable with efficient use of space.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's modest size, age, and the specific market of the Jefferson area. It is more in line with neighbourhood averages, indicating it is priced typically for its local context rather than the broader, more expensive Winnipeg market.
3. What is the neighbourhood like?
Jefferson is a mature, established neighbourhood. The property rankings show homes here are generally of similar vintage and value, suggesting a consistent, stable community without extreme highs or lows.
4. Has the property value increased?
Based on available sold price ranges, the property likely maintained or saw modest appreciation between its 2017 and 2021 sales. For the exact price history, you can request details via email on the listing page.
5. What are the major costs or projects to anticipate?
Built in 1947, major systems (like roof, plumbing, or wiring) may be at or beyond their typical lifespan, even if functional. A thorough inspection is crucial. The upside is that the basement renovation appears to be a recent major update already completed.