Property Overview

This one-storey home on Enniskillen Avenue in Winnipeg's Jefferson neighbourhood presents a practical and value-conscious opportunity. Built in 1951, it features a renovated basement and a detached garage on a standard-sized lot. The home's assessed value is notably strong for its immediate street, ranking in the top 27% of the area, suggesting it is well-maintained or has seen improvements relative to its peers. While its living space is modest at just over 1,000 square feet, it is competitively sized for the Jefferson area. The appeal here lies in its grounded, no-fuss character—a solid, updated baseline in a mature neighbourhood without the premium price of newer or larger homes. It would suit first-time buyers seeking an affordable entry point, downsizers looking for manageable single-level living, or pragmatic investors wanting a property with a strong assessment foundation in a stable area.

Key Questions & Considerations

What does the "above average" assessed value on the street actually indicate?
A higher assessment compared to direct neighbours often reflects recent renovations, better overall condition, or favourable lot attributes. It's a positive signal of the property's standing but is also a factor in determining property taxes.

Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify if it is a legal secondary suite. This is a crucial distinction for rental potential or mortgage qualifications and requires verification with the city.

How does the last sold price (2016) relate to today's value?
The home sold for between $24.5k and $27.5k in 2016. The current assessed value of $30.4k provides a benchmark, but market conditions have shifted significantly. A professional appraisal or comparative market analysis is needed to determine the present fair market value.

What is the typical mix of owners and renters in this part of Jefferson?
Understanding the neighbourhood's composition—whether it's primarily owner-occupied or has a high number of rentals—can impact the sense of community, property maintenance standards, and long-term stability.

Are there any known development plans or major infrastructure projects nearby?
For a home of this vintage in an established area, it's wise to inquire about future city plans, which could affect everything from traffic and noise to future property values.