Property Overview: 2271 Ness Avenue, Winnipeg

Key Characteristics & Appeal

This is a modest, one-storey home built in 1957 on a notably generous lot in the Jameswood neighbourhood. With 1,144 sqft of living space, the house itself is straightforward and average-sized for its area, but the property’s standout feature is its 6,197 sqft land area, which ranks well above average for both the street and the neighbourhood. This presents a significant opportunity for expansion, gardening, or simply enjoying ample private outdoor space.

The home’s appeal lies in its potential and its grounding in fundamentals. It suits a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who sees value in the land itself and is comfortable with a property that may require updates. The assessed value is consistently below average across all comparisons, suggesting a potentially accessible entry point into the market. It’s a property that asks the buyer to see beyond the current structure to the possibilities of the sizable lot, making it ideal for someone with a vision for renovation or addition, or who prioritizes private outdoor space over a large or modern interior.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's specific characteristics—its age, modest size, and likely its current condition and finishes—compared to the broader Winnipeg market. It indicates this is a more baseline, no-frills property rather than a renovated or expanded home.

2. What does the large land area actually mean for me?
Beyond a bigger yard, it offers tangible flexibility. It could accommodate a future addition, a detached garage or workshop, or significant landscaping. In a neighbourhood of similar vintage, a lot of this size is a less common find and can be a long-term asset.

3. The home sold recently in 2024. What does that indicate?
The recent sale suggests the market validated its value as a land-play or a solid, affordable housing option. It can provide a useful, recent benchmark for pricing, but the exact sold price would need to be requested to understand the precise market transaction.

4. How does the "Elite" ranking for Year Built in Jameswood work?
This statistic is easily misunderstood. It doesn’t mean the home is new or luxurious. It simply means that, within Jameswood, this 1957 build date is newer than most comparable homes (which average 1957). It’s a relative measure within a specific group of older homes.

5. What are the main trade-offs with this property?
The trade-off is clear: you are acquiring generous land and a functional, entry-level house, but likely compromising on modern updates, basement space (it's noted as having no basement), and garage facilities. It’s a value proposition centered on the lot, with the home serving as a functional starting point.