Property Overview: 212 Rupertsland Avenue

Key Characteristics & Appeal

This is a well-situated, one-and-a-half storey home in Winnipeg's Jefferson neighbourhood, built in 1948. With 1,191 sqft of living space and a recently renovated basement, it offers modern functionality within a classic footprint. The property stands out for its generous 5,342 sqft lot, which is above average for both the street and the wider Jefferson area, providing valuable outdoor space and potential.

Its appeal lies in its balanced, grounded profile. The home isn't an outlier in size or assessed value but represents a solid, established option in the local market. It suits first-time buyers or downsizers looking for a manageable home with a good yard in a mature neighbourhood. The renovated basement adds immediate utility without the need for a major project. A thoughtful perspective is that this property offers the stability of an "average" performer in its immediate area—a sensible choice for those prioritizing neighbourhood fit and lot size over sheer square footage or a brand-new build. Its sales history suggests a steady, competitive market for similar homes on this street.

Frequently Asked Questions

1. How does this home's value compare to others in Winnipeg?
The home's assessed value of $300k is around average for Jefferson and Rupertsland Avenue but is below the city-wide average. This indicates you are paying primarily for the location and lot within a specific, established community rather than for premium city-wide square footage.

2. What does the sales history tell us?
The home sold in March 2021 and again in April 2022. The price increase between those sales aligns with the broader market trend of that period. This recent turnover can indicate a desirable street but suggests checking for any major changes made between those sales.

3. Is the lot size a significant advantage?
Yes. The land area is in the top 27% for the Jefferson neighbourhood, meaning you get more outdoor space than many comparable properties. This is a key asset for gardening, recreation, or future expansion.

4. What should I consider about the home's age?
Built in 1948, the home is typical for its street and area. While the basement has been renovated, a prospective buyer should factor in the potential for age-related maintenance on other original components, such as the roof, windows, or plumbing.

5. Who are the most likely competing buyers?
Given its size, lot, and neighbourhood, this home would likely attract first-time homebuyers, practical downsizers from larger homes, and investors looking for a stable rental property in a consistent area. Its profile doesn't typically cater to those seeking a high-end renovation project or a brand-new suburban build.