Property Overview: 208 Rupertsland Avenue

This one-and-a-half storey home, built in 1948, presents a practical opportunity in Winnipeg’s Jefferson neighbourhood. With 1,194 square feet of living space and a recently renovated basement, it sits on a slightly larger-than-average lot for the area. The home lacks a garage or pool. Recent sales data indicates it sold in June 2024. Its assessed value is positioned below average for its street but is typical for the wider Jefferson area.

Section 1: Key Characteristics & Appeal

The primary appeal of this property lies in its balance of space and location. It offers above-average living and land area for the Jefferson neighbourhood, providing good interior room and outdoor space relative to many nearby homes. The renovated basement adds functional, modernized living space. Its assessed value being below average on its own street could signal a value proposition for a buyer willing to invest in updates, or it may reflect the home’s specific condition or features compared to immediate neighbours.

This home would suit a first-time buyer or a practical downsizer looking for a established neighbourhood character without a premium price tag. It’s a fit for someone who values interior space and lot size over newer construction or certain amenities like a garage. The buyer should be comfortable with a home of this vintage, acknowledging the potential for age-related maintenance while appreciating the charm and solidity of a post-war build.

Section 2: Frequently Asked Questions

1. Why is the assessed value below average on this street?
Assessed value is for municipal tax purposes and is influenced by many factors, including home condition, specific features, and recent renovations. A below-street-average assessment doesn’t necessarily mean something is wrong; it can sometimes indicate an opportunity if the home is sound but lacks certain finishes present in neighbouring properties.

2. What does "one-and-a-half storey" typically mean for a 1948 home?
This style often features a main floor with principal rooms and a second floor under sloping roof lines, which may have cozier ceilings and unique layout charm. It’s wise to consider how the upper floor space aligns with your needs.

3. The home sold recently. What can the past sale price tell me?
The sold price range from June 2024 provides a crucial, recent market benchmark. It reflects what a buyer was willing to pay under last year’s conditions, which is a more concrete starting point for current value than the assessed value alone.

4. There’s no garage. What are parking options like?
The listing confirms no garage. Buyers should investigate the driveway situation (if any) and on-street parking availability directly, as this is a key practical consideration in older neighbourhoods.

5. How does the lot size compare meaningfully?
With a land area ranking in the top 30% on its street, this lot is genuinely larger than many around it. This could allow for more privacy, garden space, or future outdoor projects compared to tighter neighbouring lots.