3 Jewett Bay

Property Overview: 3 Jewett Bay, River West Park, Winnipeg

Key Characteristics & Appeal

This 1976-built home in River West Park presents a solid, mid-century option with 1,344 sqft of living space on a 5,996 sqft lot. Its core appeal lies in its balanced citywide positioning. While the living area and lot size are slightly below average for its immediate street and neighborhood, the home's assessed value of $465k stands out as above average compared to Winnipeg as a whole. This suggests you may get more home for your money within this specific city context compared to broader averages.

The property suits practical buyers looking for a established home in a mature neighborhood without the premium often attached to larger lots or more square footage on the same block. It’s a sensible choice for those who value the neighborhood character of River West Park and are comfortable with a home that offers functional space rather than standout size. A thoughtful perspective is that this property represents a "neighborhood entry point"—it provides access to the area while its metrics indicate there is room to add value through updates or expansions, potentially without over-improving relative to the street.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
The home last sold between $400k-$450k in late 2017. Its current assessed value of $465k is above the citywide average, indicating appreciation. For precise, verified sale figures, a manual lookup is required.

2. Is the lot size a disadvantage?
At just under 6,000 sqft, the lot is smaller than many in River West Park. However, it is close to the citywide average. This could mean less maintenance and a more manageable yard, which some buyers may prefer.

3. What does the "above average" citywide assessed value mean?
While the home is average for its street and neighborhood, its assessed value ranks in the top 26% citywide. This often indicates that the property, or its area, is viewed favorably by the assessment authority compared to many other parts of Winnipeg.

4. How does the living area affect livability?
At 1,344 sqft, it's slightly smaller than nearby homes but matches the citywide average. It likely offers five main rooms. Buyers should consider if the layout efficiently uses this space to meet their needs.

5. Are the provided sold prices exact?
No. Publicly available data shows price ranges. To obtain the exact historical sold price and full transaction history, a manual records lookup must be requested directly.