Property Overview: 261 Seven Oaks Avenue, Winnipeg
Key Features & Buyer Appeal
This one-storey home in the Jefferson neighbourhood presents a practical and value-conscious opportunity. Its key appeal lies in its above-average living space (1,266 sq ft) for both its street and local area, offering more room than many comparable homes. The basement has been renovated, adding functional space. Built in 1953, it is notably newer than many of its immediate neighbours, which may suggest fewer issues associated with very old construction.
The property suits first-time buyers, downsizers, or investors seeking a straightforward, no-frills home. Its assessed value is modest relative to the wider city, indicating a potentially accessible entry point into the market. The lot size is standard for the area, providing typical outdoor space without extensive maintenance. A thoughtful perspective is that while it lacks a garage, its above-average interior space for the locale efficiently allocates the property's value into living area rather than ancillary features. It’s a home that prioritizes interior utility over curb appeal or premium upgrades.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,266 sq ft, the living area is larger than the average for both Seven Oaks Avenue and the broader Jefferson neighbourhood, placing it in the top 27% and 17% respectively for size in those groups.
2. What is the significance of the 1953 build year?
While 73 years old, it is considered above average in age for its immediate area, meaning it is a newer build than many surrounding homes in Jefferson, which often date to the late 1940s.
3. Is the assessed value high or low?
The assessed value is around average for the street and neighbourhood but is below the citywide average. This reflects the property’s positioning in a more affordable area of Winnipeg rather than an undervaluation of the home itself.
4. What are the parking arrangements?
The listing indicates there is no garage. Buyers should inquire about on-site driveway parking or street parking permits.
5. How can I find out the exact historical sale prices?
The listed sale price ranges are based on public data. The site offers to provide the exact sold price history via a manual email request, which they aim to fulfill by the end of the same business day.