Property Overview: 505 Rupertsland Avenue, Winnipeg

Key Characteristics & Appeal

This one-storey home on a spacious 5,339 sqft lot in Jefferson presents a practical and straightforward opportunity. Built in 1951, it is notably newer than many of its immediate neighbors on Rupertsland Avenue. The 904 sqft living area is comfortably sized for the local context, and the home features a renovated basement and a detached garage.

Its primary appeal lies in its solid positioning within a well-established neighborhood. The property holds its own in local comparisons, with its assessed value, lot size, and living area all ranking around or above the average for Jefferson and its own street. This suggests a home that is neither over-improved nor under-improved for its surroundings, offering a sense of stability. The renovated basement adds functional living space, a valuable asset in a one-storey layout.

This home would suit first-time buyers or downsizers seeking a manageable, single-level layout in a mature neighborhood. It’s also a sensible fit for value-oriented buyers who appreciate a home that aligns with local norms without standing out for extreme age or disproportionate size, potentially simplifying both maintenance and future resale within the community.

Frequently Asked Questions

How does this home’s age compare to others nearby?
At 75 years old (built in 1951), this home is actually newer than many on its street, ranking in the top 7% for year built on Rupertsland Avenue. This is a less obvious advantage in an older neighborhood.

Is the living space small compared to other Winnipeg homes?
Yes, at 904 sqft, it is below the Winnipeg city-wide average. However, within the Jefferson area and specifically on its own street, it is much more in line with the typical home size, ranking around the local average.

What does the assessed value ranking tell me?
The assessed value is around the average for both the street and the Jefferson area, but below the city-wide average. This typically indicates the property is priced consistently with its immediate market, not an outlier for the neighborhood.

What is included in the "renovated basement"?
The listing confirms the basement is renovated but does not specify the scope or finishes. This is a key detail to clarify with the seller or agent to understand the quality and legality of the renovation.

How can I find out the exact historical sale price?
The listed sale price ranges are estimates from public data. The site offers to provide the exact sale price from its records via a manual email request, stating they do not use the contact for unsolicited marketing.