Property Overview: 1047 Jessie Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 765 sqft home on Jessie Avenue in Rockwood presents a specific value proposition. Built in 1942, it is notably newer than many other homes on its street. Its primary characteristic is a compact living space, which ranks below area and city averages. However, this is balanced by an above-average lot size of 4,612 sqft for the street, offering valuable outdoor space relative to nearby properties.

The appeal lies in its efficiency and potential. With an assessed value ($290k) that is modest for the area, it represents a more accessible entry point into the Rockwood neighborhood. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property with a generous yard for its context. The data suggests it’s a “value-play” on the lot itself, ideal for someone comfortable with a smaller footprint who prioritizes location and outdoor potential over square footage. It’s a pragmatic choice rather than a premium one, offering room to grow outdoors but not indoors without renovation.

Section 2: Frequently Asked Questions

1. Is the house unusually small?
Yes, at 765 sqft, the living area is below the average for Rockwood (1,076 sqft) and Winnipeg overall (1,342 sqft). It is designed for efficient, compact living.

2. Why is the assessed value lower than the neighborhood average?
The assessed value of $290k is below the Rockwood average (~$340k), which is largely reflective of the home’s smaller size. The value is supported more by its lot size and location than its interior square footage.

3. What are the advantages of the larger lot?
The 4,612 sqft lot is larger than most on Jessie Avenue. This provides more private outdoor space, potential for gardening, additions, or accessory structures (subject to zoning), and a greater sense of openness than neighboring properties.

4. How reliable is the sold price data shown?
The displayed sold price range (CA$300k–350k) is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup via the website’s provided email service.

5. The home is older, but ranked as "newer" on its street. What does this mean?
While built in 1942, it ranks in the top 24% for year built on Jessie Avenue, where the average home was built in 1923. This means it is a relatively newer structure on a street with many heritage-era homes, which may have implications for maintenance and style.