Property Overview
This one-and-a-half storey home on Enniskillen Avenue in Winnipeg's Jefferson neighborhood presents a practical and grounded opportunity. Built in 1952, it sits on a larger-than-average lot for the immediate area, offering over 5,200 sqft of outdoor space. The 1,171 sqft living area is typical for the street and neighborhood, and the home features a renovated basement and a detached garage. Its assessed value positions it as an accessible entry point within the city. The appeal here is in its straightforward, no-frills package: a manageable-sized home with updated fundamentals, a generous yard, and a location that offers value relative to broader city averages. It would suit first-time buyers, downsizers looking for a low-maintenance footprint with outdoor space, or practical investors seeking a rentable property without a premium price tag. A less obvious perspective is that a home ranking "above average" in year built on its street suggests a slightly newer construction than many of its direct neighbors, which can sometimes correlate with updates to original building materials or layout.
Frequently Asked Questions
What does "renovated basement" typically include?
While specifics should be verified by a viewing or inspection, in homes of this era and price point, this often indicates functional updates like a finished living area, modernized flooring, and improved lighting, making it a usable space rather than just a utility area.
How does the detached garage impact utility?
A detached garage offers flexibility for use as a workshop or project space without concerns about fumes or noise in the house. However, it does mean a walk through the elements in winter, which is a consideration for some buyers.
The assessed value seems low compared to city averages. Why?
The assessed value is for municipal tax purposes and is influenced by the home's age, size, and the Jefferson neighborhood's market. It being "below average" citywide reflects Winnipeg's wide range of property values and highlights this as a more affordable area.
Is the lot size a significant advantage?
Yes, especially for the street. The lot is over 5,200 sqft, which is above the average for Enniskillen Avenue. This provides more private outdoor space, room for gardening, or future expansion like a shed or deck, which is a notable asset not always found in older neighborhoods.
What can recent sold prices on the street tell me?
The sold price range from 2016 for this property provides a historical benchmark, but market conditions have changed. More importantly, the list of nearby properties shows very close neighbors, suggesting a stable, established block with little turnover, which can be a sign of a desirable micro-location.