Property Overview: 289 Jefferson Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home at 289 Jefferson Avenue is distinguished by its generous lot size, a recently renovated basement, and a detached garage. Built in 1975, it offers 1,467 sqft of living space, which is notably larger than most comparable homes in the immediate Jefferson area. The property's standout feature is its 7,755 sqft land area, placing it in the top 1% of lots on its street and in the broader Jefferson neighbourhood. This provides significant outdoor space and potential.
The appeal lies in a combination of updated living space (the renovated basement) and a premium, sizable lot in an established area. Its assessed value ranks highly within Jefferson, suggesting it is considered a solid asset in its local market.
This home would suit a buyer looking for a manageable single-level layout with ample room for gardening, outdoor activities, or future expansion. It’s ideal for someone who values space and privacy over a brand-new build, and who appreciates a home that stands out in its neighbourhood for its land size rather than just its square footage. The renovated basement adds immediate functional living space, making it move-in ready for a small family, a couple, or someone needing a home office or separate living area.
Frequently Asked Questions
1. How does the lot size compare to a typical city lot?
The lot is 7,755 sqft, which is approximately 18% larger than the Winnipeg city-wide average for comparable homes and over 50% larger than the average lot on Jefferson Avenue itself. This is a key advantage of the property.
2. What does the "renovated basement" include?
The listing confirms the basement has been renovated but does not specify the finishes or layout. A buyer should inquire about the scope of work, permits, and whether it includes added bedrooms, a bathroom, or a legal suite.
3. The sold price history shows a sale in 2017 for a much lower price. Why?
The listed 2017 sale price reflects the market value at that time. The current assessed value is significantly higher, influenced by market changes, the basement renovation, and the premium value of the large lot. Always consider current market conditions and improvements.
4. Is the detached garage heated or insulated?
This detail is not provided. The condition, size, and amenities of the detached garage are important points for potential buyers to verify, especially given Winnipeg's climate.
5. The home is older; what should I know about its major systems?
Built in 1975, the roof, windows, furnace, and electrical system are all at an age where they may need evaluation or may have been updated. Requesting information on the age and condition of these major components is a standard and crucial step.