Property Overview

This two-storey home at 727 Jackson Avenue in Winnipeg's Ebby-Wentworth neighbourhood presents a solid, renovated offering with strong local appeal. Its key characteristic is a well-proportioned 1,200 sqft living space, which ranks above average for both the immediate street and the wider neighbourhood. The home sits on a 4,103 sqft lot and benefits from a renovated basement and a detached garage. Built in 1950, it is a mature property with an assessed value of $360k.

Section 1: Key Details & Appeal

Key Characteristics:

• A 1,200 sqft, two-storey home with a renovated basement.
• A detached garage and a 4,103 sqft lot.
• Built in 1950, with an assessed value of $360,000.

Where the Appeal Lies:
The primary appeal is in its above-average living space for the Ebby-Wentworth area, offering more room than many neighbouring homes. The renovated basement adds functional, modernized square footage. While the lot size is smaller than others on Jackson Avenue, it is actually larger than the neighbourhood average, suggesting a good balance of manageable outdoor space. Its assessed value positions it as a premium property on its street and in the local area, yet it remains around the city-wide median, indicating a value proposition within its established community.

Ideal Buyer Profile:
This home would suit buyers looking for a move-in-ready property in a mature neighbourhood who prioritize interior space over a vast yard. It’s ideal for small families, couples, or professionals seeking a home with modernized finishes (as seen in the basement) and the practicality of a detached garage, without the upkeep of an excessively large property.

Section 2: Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 1,200 sqft, the living area is larger than the average home on Jackson Avenue (~963 sqft) and in the Ebby-Wentworth neighbourhood (~1,022 sqft). It offers more interior space than most direct local comparisons.

2. Is the lot size a disadvantage?
While the lot is below the average for Jackson Avenue, it is actually above the average lot size for the broader Ebby-Wentworth neighbourhood. This suggests a manageable yard that is still generous for the area.

3. What does the "above average" assessed value mean for the street?
With an assessed value ranking in the top 23% on Jackson Avenue, this property is considered one of the higher-valued homes on the block. This often reflects factors like the renovated basement, overall condition, and its above-average living area.

4. When was it last sold, and for how much?
The property was last sold in September 2017 for $262,000. The current assessed value of $360,000 reflects market changes and any improvements made since that time.

5. How does its age affect its value?
Built in 1950, the home is older than the Winnipeg city average. However, within its own neighbourhood and street, its age is typical. The value is supported by updates like the basement renovation, which modernizes a portion of the home's infrastructure.