Property Overview: 258 Jefferson Avenue, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home on Jefferson Avenue presents a compelling blend of space, value, and established neighbourhood character. Its most standout feature is the generous living area of 1,623 sqft, which places it in the top 2% of homes on its own street and the top 4% within the broader Jefferson area. This significant above-average space is paired with a renovated basement, adding functional living or storage area. The property sits on a standard city lot with a detached garage.
The appeal lies in its proven value growth and spacious interior relative to its immediate locale. Having sold in late 2024 for a price that ranks in the top 2% for the street, it demonstrates strong demand. It suits buyers looking for a move-in-ready home with ample square footage in an established area, without the premium often attached to newer builds. It’s particularly ideal for those who prioritize interior space over a massive yard and appreciate the character and maturity of a home built in the 1950s. A thoughtful perspective is that while its assessed value is elite for the Jefferson area, it is closer to the city-wide average, suggesting it offers a more accessible entry point into a spacious home compared to some other Winnipeg neighbourhoods.
Frequently Asked Questions
1. How has the property’s value changed over time?
The home has shown substantial appreciation. It sold in the $21.5k-$24.5k range in mid-2017 and again in the $43.5k-$46.5k range in late 2024, indicating a strong increase in market value over that seven-year period.
2. Is the living space truly larger than comparable homes?
Yes, the data is clear. At 1,623 sqft, the living area is approximately 58% larger than the average for comparable homes on Jefferson Avenue (~1,029 sqft) and is also above the Winnipeg city-wide average.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent to understand its current condition and potential uses.
4. How does the lot size compare?
The land area of 5,296 sqft is around the average for both Jefferson Avenue and the wider Jefferson area. It is a standard city lot, not exceptionally large or small for this neighbourhood.
5. Why is there a range for the sold prices instead of an exact figure?
The exact sale price is not publicly disclosed in all Manitoba transactions. The provided range is based on available public data. You can request the precise sale history by contacting the website via email, as noted in their disclaimer.