Property Overview: 908 Jubilee Avenue, Winnipeg

Key Characteristics & Appeal

This home at 908 Jubilee Avenue presents a balanced and practical offering in Winnipeg’s Point Road neighborhood. Its primary appeal lies in a generous 7,721 sqft lot, which ranks well above average for both the street and the wider area, offering valuable outdoor space and potential. The living area (1,344 sqft) and the current assessed value ($358k) are consistently around the average mark for comparable homes on its street, suggesting it is a typical, well-sized family home for the immediate locale without standing out as exceptionally large or small.

Built in 1919, the home is notably older than most in the broader neighborhood and city. This character comes with considerations: it may appeal to those who appreciate the charm and solid construction of an older home, but it also implies a greater likelihood of maintenance or modernization needs compared to newer builds. The property last sold in 2016, and its current assessed value sits below the neighborhood average, which could indicate a relative value opportunity for a buyer willing to invest in updates.

This home would suit a buyer looking for a established neighborhood with space, who values a larger yard over a newly built home, and is prepared for the realities of owning a century-old property. It’s a grounded choice for a practical homeowner or an investor seeking a character property with land value.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices in the area?
The assessed value of $358k is below the current neighborhood average for comparable homes. The property last sold between $200k-$250k in 2016, but market conditions have changed. For exact, verified sale prices of nearby properties, you can request a manual lookup via email from the site.

2. What are the implications of the home being built in 1919?
A home of this age often features solid construction and character, but prospective buyers should budget for potential updates to major systems like wiring, plumbing, or insulation. It’s advisable to invest in a thorough inspection to understand the condition.

3. The lot size is highlighted as above average. What are the benefits?
The large lot provides more private outdoor space, room for gardening, play areas, or additions like a shed or deck. It also typically holds inherent value and offers more flexibility than properties on smaller, standard lots.

4. The rankings show the home is "around average" in many categories. Is that a good thing?
In this context, it suggests stability. The home is not an outlier in size or value on its street, which can make financing and future resale more straightforward. It indicates you are buying into the established norm for Jubilee Avenue.

5. Where can I see how this property compares visually to its neighbors?
You can open the neighborhood analysis map linked on the detail page. This tool allows you to see the property in geographic context and compare key metrics like year built, lot size, and assessed value with nearby houses.