Property Overview

This 1948 one-storey home at 355 Rupertsland Avenue in Winnipeg's Jefferson neighbourhood is a compact, no-frills property centered on practicality and value. At 652 sqft, its living space is notably smaller than most area homes, but it sits on a standard city lot of just under 5,000 sqft. The home features a renovated basement and a detached garage. Its assessed value is modest and in line with the immediate area, though well below the Winnipeg city average. The last recorded sale was in early 2020.

Key Characteristics & Appeal

This property’s primary appeal is its function as an affordable entry point into homeownership. Its below-average size translates to lower utility costs and minimal upkeep, suiting a first-time buyer, an investor, or someone looking to downsize without leaving the city. The renovated basement adds valuable functional space, effectively doubling the usable area for living, storage, or a rental suite (subject to permits). The lot size is a key asset, offering outdoor space and potential for expansion or gardening that newer, denser subdivisions often lack.

It would suit a pragmatic buyer who prioritizes financial accessibility and land ownership over a large interior. It’s less suited for those requiring multiple bedrooms or spacious common areas. A thoughtful perspective is that this home represents the "bones" of a neighbourhood—a post-war build on a decent lot. Its value is partly in what it is now (a liveable, affordable home) and partly in its future potential, whether through personalization, holding as a long-term asset, or eventual redevelopment.

Frequently Asked Questions

1. Is the living area too small for a small family?
While the 652 sqft main floor is compact, the renovated basement provides additional space. It could work for a couple or a single parent with one young child, but would feel tight for a larger family.

2. Why is the assessed value so much lower than the city average?
The assessed value reflects this specific home's smaller size, age, and the generally more affordable Jefferson area compared to the Winnipeg-wide average, which includes many newer, larger, and higher-value properties.

3. What does the "below average" ranking for living area mean?
This statistical comparison shows that over 80% of homes on the same street, in Jefferson, and across Winnipeg are larger in square footage. It confirms this is a notably compact property relative to its peers.

4. What are the implications of a detached garage?
A detached garage offers flexibility—it can be used for parking, storage, or as a workshop without impacting the home's living space. The downside is accessing it in winter weather.

5. Can the exact past sale price be verified?
Yes. The listed sale range is based on public data. The exact, verified sale price from the land title can be provided upon direct request to the site administrators.