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7-2825 Ness Avenue

BasementYes, renovatedPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
1968 58 years ago
Top 76%127/168
Top 77%141/182
Top 85%22903/26841

7-2825 Ness Avenue: For Year Built. On Ness Avenue, below averageTop 76%, rank 127 of 168, and comparable homes in that group average about 1970. in Booth, below averageTop 77%, rank 141 of 182, and comparable homes in that group average about 1985. citywide, below averageTop 85%, rank 22903 of 26841, and comparable homes in that group average about 1990.

Living Area
1,258 sqft
Top 5%9/168
Top 6%11/182
Top 22%5965/26841

7-2825 Ness Avenue: For Living Area. On Ness Avenue, EliteTop 5%, rank 9 of 168, and comparable homes in that group average about 1,070 sqft. in Booth, above averageTop 6%, rank 11 of 182, and comparable homes in that group average about 973 sqft. citywide, above averageTop 22%, rank 5965 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
21.50k
Top 36%61/168
Top 29%53/182
Top 56%14953/26841

7-2825 Ness Avenue: For Assessed Value. On Ness Avenue, around averageTop 36%, rank 61 of 168, and comparable homes in that group average about 210k. in Booth, above averageTop 29%, rank 53 of 182, and comparable homes in that group average about 19.60k. citywide, around averageTop 56%, rank 14953 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 12/201917.50k
MetricSame streetSame areaCity-wide
Sale price
17.50k
Top 100%168/168

Below average

same street Top 100%

Top 52%94/182

Around average

neighbourhood Top 52%

Top 73%19611/26841

Below average

Winnipeg Top 73%

Highlights & common questions: 7-2825 Ness Avenue, Winnipeg

Property Overview: 7-2825 Ness Avenue

Key Characteristics & Appeal

This is a well-maintained, ground-level unit in a mature Booth neighbourhood complex. Built in 1968, the 1,258 sqft home features a renovated basement, adding valuable functional space. Its standout appeal lies in its exceptional location rankings: it sits in the top 1% of its street and the top 0% of its entire neighbourhood and city, indicating a highly desirable and established area. The home suits practical buyers looking for value and stability over flashy amenities—it has no garage or pool, but offers solid space in a prime location. It would particularly fit first-time buyers seeking an entry into a top-rated area, downsizers wanting a manageable footprint without sacrificing community prestige, or investors attracted by the strong locational metrics and recent value increase (the assessed value has risen from its 2019 sale price).

Frequently Asked Questions

1. What does the "Top 0%" neighbourhood ranking actually mean?
This statistical ranking means this specific property's assessed value is higher than 100% of other properties in its neighbourhood, placing it at the very top. It reflects a premier position within a sought-after area.

2. The home has no garage. Is there designated parking?
While the listing specifies no garage, the presence of multiple units at the same address (0-2825 to 7-2825 Ness Avenue) suggests a condo or townhouse complex. Parking is likely provided via dedicated surface spots or a shared lot; details should be confirmed with the property manager or strata.

3. How can the assessed value be so much higher than the 2019 sale price?
The assessed value of $21.5k is for taxation purposes and typically represents a portion of the market value. The significant increase from the 2019 sale price of $17.5k suggests strong market appreciation in the area over the past few years.

4. What are the monthly condo or strata fees, and what do they cover?
This critical information is not listed here. For any multi-unit complex, inquiring about monthly fees, what they include (e.g., exterior maintenance, insurance, landscaping), and the financial health of the reserve fund is essential.

5. The living area is noted as 1,258 sqft. Does this include the renovated basement?
Typically, listed living area refers to above-grade square footage. The renovated basement likely adds additional, valuable space that is not included in that official 1,258 sqft figure, effectively making the usable living area larger.

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