Property Summary: 497 Rupertsland Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in the Jefferson neighbourhood offers a practical, grounded opportunity. Built in 1951, it is notably newer than many homes on its street, which can mean fewer concerns about the age of core components. With 1,226 sqft of living space and a renovated basement, it provides functional space that ranks above average for the local area. The lot is a generous 5,340 sqft, offering ample outdoor space relative to much of Jefferson.
The appeal lies in its position as a solid, established property in a neighbourhood of comparable homes. Its assessed value is consistent with the area, suggesting it’s priced without unexpected premium. The detached garage adds utility. This home would suit a first-time buyer or a practical downsizer looking for a move-in-ready base without flashy extras—someone who values a larger lot and newer build vintage within a mature community over a brand-new home. It’s for a buyer who sees a renovated basement and decent square footage as solid foundations, not just features on a list.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the neighbourhood?
At 1,226 sqft, the living area is above average for both Rupertsland Avenue and the wider Jefferson area, offering more interior space than many immediate peers.
2. What does the assessed value tell us?
The assessed value is around the average for the street and neighbourhood. This typically indicates the property is in line with local norms, not over- or under-valued based on municipal assessment.
3. Is the 1951 build date a concern?
While 75 years old, the home is actually newer than most on its street (ranking in the top 7% locally for year built). This relative newness for the area can be an advantage, potentially indicating updated infrastructure compared to older neighbours.
4. What is the exact prior sale price?
The public record shows a sale in May 2016 in the range of $24.5k to $27.5k. The current listing service can provide the exact sale price upon request, as this is not fully disclosed in public databases.
5. How does the lot size compare?
The 5,340 sqft lot is above average for the Jefferson neighbourhood, providing more outdoor space than many properties in the area, while being typical for Rupertsland Avenue itself.