Property Summary: 695 Jackson Avenue, Winnipeg

Section 1: Overview & Appeal

This one-and-a-half storey home, built in 1950, presents a practical opportunity in Winnipeg's Ebby-Wentworth neighborhood. Its key appeal lies in its balance of a renovated basement and a manageable 900 sqft living area, situated on a decently-sized 4,103 sqft lot. The data suggests it's a solid, average performer for the immediate area. Its assessed value ranks above average for Jackson Avenue itself, indicating it may be viewed favorably within its specific streetscape.

This property would suit first-time buyers or downsizers looking for a straightforward, no-frills home without a major renovation project. The renovated basement adds functional space, a valuable asset in a smaller footprint home. A thoughtful perspective is that while the home is below the citywide average for size, its lot size is actually above average for the Ebby-Wentworth area, offering better outdoor space than many nearby properties. This creates a trade-off: less interior square footage but more private yard potential than some neighbors.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
For its core metrics like living area and year built, it is very typical for Jackson Avenue. Its assessed value, however, ranks in the top 29% on the street, suggesting it may have features or conditions that are assessed more highly than the immediate average.

2. Is the lot size a disadvantage?
It depends on your priority. The lot is below average for the street but is actually larger than the average lot in the broader Ebby-Wentworth neighborhood. This means you likely have more yard space than many homes in the area, though possibly less than the houses right next door.

3. What does the "above average" assessed value in the neighborhood mean?
It means that for homes of a similar type in Ebby-Wentworth, this property's official assessed value is higher than about two-thirds of them. This can sometimes reflect updates (like the renovated basement) or other attributes that increase its taxable value.

4. The home sold in 2021; is the price history relevant?
The 2021 sale price provides a historical benchmark, but market conditions have likely changed. Its current assessed value is very close to that last sale price, which can be a useful data point for understanding its official valuation trend.

5. Who might this home not suit?
It may not suit buyers looking for a large interior space, a garage, or a property that significantly outperforms citywide averages. The living area is below the Winnipeg average, and the home lacks a garage. It is best viewed as a competitively positioned option within its local market context.