Property Overview

This one-and-a-half storey home on Enniskillen Avenue presents a practical opportunity in Winnipeg's Jefferson neighbourhood. Built in 1949, it features 1,120 sqft of living space and a renovated basement, sitting on a 3,999 sqft lot with a detached garage. The home's assessed value is notably below average for the immediate area, which is its most defining characteristic. This creates a scenario where the property may appeal to value-conscious buyers willing to trade premium lot size or modern build year for a lower entry point into the market. Its living area is comfortably average for the street and neighbourhood, suggesting a functional layout for a small household.

The appeal lies in its position as a potentially affordable foothold in a mature community. It would suit a first-time buyer, an investor, or someone looking to minimize their property tax base. The renovated basement adds functional living space, a key update for a home of this era. A less obvious perspective is that a below-average assessment on a street of similar homes can sometimes indicate deferred maintenance or outdated systems, but it also represents a clear value benchmark for negotiation and a lower ongoing tax burden.

Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring properties?
While the exact methodology isn't public, assessments are based on market value. A value significantly below area averages can be influenced by factors like the home's condition, specific features, or recent sale prices of comparable homes. It's a key point to discuss with a real estate agent.

2. What does "one-and-a-half storey" mean for this home?
Typically, this style features a main floor with principal rooms and a second floor under sloping roof lines, often creating cozy bedrooms with potentially limited ceiling height in some areas. It's a classic Winnipeg design that maximizes space efficiently.

3. The lot size is below average. How much of an issue is this?
For some, a smaller lot means less yard maintenance. However, it may limit options for expansions, additions, or extensive landscaping. It's important to view the property in person to see if the outdoor space meets your needs.

4. The home was built in 1949. What should I be mindful of?
While the basement is noted as renovated, older homes may have original plumbing, electrical, or insulation that could require attention or updating. A thorough home inspection is highly recommended to understand the condition of these core systems.

5. How reliable are the sold price ranges shown?
The ranges are based on available public data. For precise historical sale prices to inform your offer, you should request the exact figures from the listing service or your real estate agent, as they have access to the complete transaction records.