Property Overview
This one-storey home at 292 St Anthony Avenue in Winnipeg's Jefferson neighbourhood is a compact, post-war property built in 1948. With 652 square feet of living space, it is notably smaller than most homes on its street, in the area, and across the city. It sits on a 3,878 sqft lot, which is also below average in size for its surroundings. The house features a basement that is present but not renovated, and a detached garage. Its assessed value is modest and aligns more closely with local averages than its size rankings do. The most recent recorded sale was in late 2021.
Key Characteristics & Appeal
The primary appeal of this property lies in its affordability and simplicity. It represents a straightforward entry point into homeownership with a very manageable scale and a low tax assessment. Its smaller size means lower utility costs and less maintenance, suiting a minimalist lifestyle or someone looking to keep overheads low. The detached garage offers valuable storage or workshop space separate from the house.
It would best suit a first-time buyer, an investor looking for a rental property, or someone seeking a downsized, no-fuss living situation. Its below-average size and lot, however, mean it lacks the space and expansion potential of many neighbouring properties. A thoughtful perspective is that this home’s value is not in its features but in what it enables—financial flexibility. For the right buyer, it’s less about the house itself and more about the opportunity it provides to own an asset in the market without a heavy financial burden.
Frequently Asked Questions
1. How does the home's small size practically affect daily living?
At 652 sqft, the living space is compact. Efficient use of space is essential, and it may not comfortably accommodate a larger family or those who work from home without creative solutions. The floor plan's functionality will be a key consideration.
2. What does "basement not renovated" imply?
It indicates the basement is unfinished or in its original state. It likely serves as utility and storage space but would require investment to become a finished living area. Buyers should budget for potential moisture-proofing and upgrades.
3. Why is the assessed value relatively low compared to the city-wide average?
The assessed value reflects the property's modest size, age, and characteristics relative to its immediate local market in Jefferson. City-wide averages are pulled much higher by newer, larger homes in different areas, making this home's valuation typical for its specific context.
4. What are the implications of the below-average lot size?
The smaller lot (3,878 sqft) limits outdoor space for gardening, recreation, or future expansions like a large deck or addition. It may also mean homes are closer together, offering less privacy but potentially fostering a closer-knit street atmosphere.
5. The last known sale was in 2021. How can I get the exact price?
Exact sale prices are not publicly displayed in detail here. You can request the precise sold price history by emailing the provider through the "Get exact sold price history" button on the listing page. They provide this data manually without using your email for marketing.