Property Overview: 294 Smithfield Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a generous 5,340 sqft lot in Jefferson presents a practical and straightforward opportunity. Its key characteristics include a modest 768 sqft living area, a renovated basement, and a detached garage. Built in 1949, it is notably newer than many homes on its street. The assessed value is consistent with the local area, though it sits below the Winnipeg city-wide average.
The appeal lies in its manageability and location-specific value. The home is smaller than average, which translates to lower utility costs and less maintenance—a significant consideration for budget-conscious buyers. The renovated basement adds functional living space without the need for immediate work. The lot size is a standout feature for the neighbourhood, offering above-average outdoor space for its Jefferson context, which is a relative rarity.
This property would best suit first-time homebuyers, downsizers, or practical investors seeking an entry point into the market with a low-maintenance footprint. It’s for someone who values a larger yard over a larger house and is comfortable with a compact, efficient living layout. A thoughtful perspective is that while the home is below city averages in size and value, it holds its own within its immediate community, suggesting a stable, no-frills investment in an established area.
Section 2: Frequently Asked Questions
1. Is the house particularly small?
Yes. At 768 sqft, the living area is smaller than most homes in Winnipeg, in the Jefferson area, and even on Smithfield Avenue itself. This indicates a compact, efficient layout.
2. How does the assessed value compare?
The assessed value is very typical for Smithfield Avenue and the Jefferson neighbourhood. However, it is below the average assessed value for the entire city of Winnipeg.
3. What is the significance of the lot size?
The 5,340 sqft lot is a key asset. It is larger than most lots in the Jefferson area, offering more private outdoor space than is typical for similar homes nearby.
4. How old is the home, and what does that mean?
Built in 1949, the home is actually newer than many on its street and in the wider neighbourhood. While still an older home, it may have benefited from building practices or materials of its slightly later era compared to its immediate peers.
5. Where can I find the exact historical sale price?
The provided sale price history is an estimated range from public data. To obtain the precise sale price from the last transaction, you must request it via email through the provided button on the listing page. The service is manual but prompt, with a commitment to no unsolicited marketing.