Property Summary: 1046 Jessie Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This 1943 home in Rockwood presents a practical, entry-level opportunity in a mature Winnipeg neighborhood. Its primary appeal lies in its efficient scale and solid value positioning. With 876 square feet of living space, the house is notably compact—ranking below area and city averages for size. This positions it as a low-maintenance, affordable option rather than a spacious family home.
The assessed value of $334k is consistently around the average for its immediate street and neighborhood, suggesting a fair market valuation without premium pricing. A thoughtful perspective is that the lot size of 4,251 sqft is above average for Jessie Avenue, offering valuable outdoor space relative to nearby properties—a potential upside for gardening, expansion, or simply more privacy than the typical home on the block.
This property would best suit first-time buyers, downsizers, or investors seeking a straightforward, no-frills asset in a long-established area. Its compact nature means lower utility costs and less upkeep, appealing to those prioritizing financial efficiency and simplicity. The home’s 1943 build date is newer than many on its street, which may imply relatively updated infrastructure compared to neighboring, older houses.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 876 sqft, the living space is below the average for Rockwood (1,076 sqft) and significantly below the Winnipeg city average (1,342 sqft). On Jessie Avenue itself, it ranks in the bottom 15% by size.
2. Is the assessed value in line with the area?
Yes. The $334k assessment is very close to the street average of $337.7k and the neighborhood average of $340.6k, indicating it is priced consistently with its immediate market.
3. What is the potential based on lot size?
The lot of 4,251 sqft is larger than the average lot on Jessie Avenue (3,825 sqft). This provides a better-than-typical land-to-building ratio for the street, which could be a long-term asset.
4. When was it last sold and for roughly how much?
Public records indicate a sale between September 2017, with a sold price in the range of CA$250,000–$300,000. Exact figures require a manual lookup from the provider.
5. How does the year built affect this property?
Built in 1943, the home is newer than the average house on its street (avg. year built 1923) but is slightly older than the average for the wider Rockwood neighborhood (avg. year built 1949).