Property Overview
This 690 sqft, one-storey home at 295 Belmont Avenue in Winnipeg's Jefferson neighbourhood presents a straightforward, no-frills opportunity. Built in 1922, it sits on a 3,283 sqft lot and features a basement that has not been renovated. The home has no garage or pool. Its key appeal lies in its position as one of the most accessible entry points into homeownership in the city, with a very low assessed value. The data indicates its living space, value, and lot size are all below the averages for its immediate street, neighbourhood, and Winnipeg as a whole.
This property would suit a specific type of buyer: a first-time purchaser or investor with a limited budget who prioritizes getting onto the property ladder over move-in-ready condition. It’s a practical canvas for someone with renovation skills or the patience for a gradual, sweat-equity project. A less obvious perspective is that its modest size and low operating costs could also appeal to someone seeking to minimize their living footprint and expenses, viewing the home primarily as secure shelter rather than a status asset.
Frequently Asked Questions
1. What is the actual selling price?
The provided data shows a sold price range from 2017. For the exact and most recent sale history, you can request the information via email from the listing source.
2. What does "below average" in the rankings mean for a buyer?
While the home ranks below average in size and value compared to peers, this directly translates to a lower price point. It signifies an opportunity to purchase at a baseline level within the market, often with potential to add value through updates.
3. Who is this home not suited for?
It is not suited for buyers seeking a turn-key property, modern finishes, ample storage (with no garage), or generous living space for a growing family. The unrenovated basement also means no finished additional living area.
4. Is the lot size a positive?
The lot is around average for Belmont Avenue but below average for the wider area. For this type of home, it provides adequate outdoor space without the burden of extensive maintenance, which can be a practical benefit.
5. What should I consider about the 1922 build date?
A home of this age will likely require careful attention to foundational, electrical, and plumbing systems. While it offers classic character, budget and inspections should prioritize these essential updates over cosmetic improvements.