Property Overview: 480 Rupertsland Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a standard-sized lot in Jefferson presents a straightforward, value-oriented opportunity. Its key characteristic is balance: at 875 sqft with a renovated basement, it offers functional space without the upkeep of a larger property. The detached garage adds practical utility. The home’s assessed value is firmly in the middle range for its immediate area and neighbourhood, suggesting a fair and stable entry point into the market.
The appeal lies in its positioning as a manageable, no-frills property in an established community. It suits first-time buyers seeking affordability and lower maintenance, or investors looking for a stable rental property. A less obvious perspective is its relative modernity for the street—built in 1951, it is newer than most on Rupertsland Avenue, which may imply fewer issues associated with very old construction. It’s not a standout in any single category city-wide, but represents a solid, average offering in its local context, which can be a smart, low-risk choice.
Section 2: Frequently Asked Questions
1. Is the price competitive for the area?
Yes. The assessed value and last sold price range are consistently around the average for both Rupertsland Avenue and the wider Jefferson neighbourhood, indicating it is priced in line with local market norms.
2. What is the living space like?
At 875 sqft, the main floor living area is slightly below the average for similar homes on its street. However, the presence of a renovated basement adds usable space, making the total functional footprint more competitive.
3. Who would this property best suit?
It is ideally suited for first-time homebuyers or practical downsizers looking for a manageable home without major renovations. Its average metrics and detached garage also make it a candidate for a long-term rental investment.
4. How does the lot size compare?
The lot is approximately 5,338 sqft, which is very typical for the street and slightly above average for the Jefferson neighbourhood, offering a decent outdoor space relative to the home's size.
5. Are there any notable historical insights?
The home was built in 1951, making it notably newer than many of its direct neighbours on Rupertsland Avenue, where the average build year is 1947. This could be a subtle advantage regarding the age of core components.