Property Overview: 1987 Jefferson Avenue

Key Characteristics & Appeal

This home, built in 2015, stands out on its street for its modern build, above-average size, and premium valuation. At 1,441 sqft, it offers significantly more living space than the typical home on Jefferson Avenue. Its assessed value of $575k ranks in the top 1% for the street, indicating it is a high-caliber property within its immediate context. The lot size is consistent with the street average.

The primary appeal lies in acquiring a relatively new, well-sized home on a street where most properties are much older (average year built is 1959). This suggests a blend of modern construction and systems within an established neighborhood. It suits buyers looking for a move-in-ready, contemporary home without venturing into a brand-new subdivision, and who appreciate a property that holds a standout value position on its block. A thoughtful perspective is that while the home is below the neighborhood average for size, its value aligns with the area average, potentially offering a more efficient or updated layout on a standard-sized lot compared to larger, possibly older homes nearby.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
Based on available data, the home sold for between $600k-$650k in August 2022, a price that placed it in the top 1% of sales on its street and top 5% city-wide at the time, closely aligning with its current high assessment.

2. Is the living space large for the area?
It depends on the scale. The home is above average for its specific street but below the average for the wider Rosser-Old Kildonan neighborhood, which includes many larger properties. City-wide, its size is around the average.

3. What does the "Elite" ranking for year built mean?
With a 2015 build date, this home is newer than 97% of comparable properties on Jefferson Avenue, where the average home was built in 1959. It offers modern construction in an older streetscape.

4. How can I verify the exact historical sale price?
The site provides sold price ranges based on public data. For fully verified figures and exact transaction history, you must request a manual lookup via email, as MLS data is not displayed on the platform.

5. Are the nearby reference properties similar?
The listed references are from the broader neighborhood and vary. Some on nearby Luzon Bay are similar in age and value, but many are larger. This highlights that this property is a modern, mid-sized option within a diverse area that also offers more expansive homes.