Property Summary: 297 Jefferson Avenue
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1977, offering 896 square feet of living space with a renovated basement. It sits on a modest, manageable lot of 3,878 square feet. The home does not have a garage or pool.
Its primary appeal lies in its modern foundation relative to the neighborhood. Built nearly two decades later than many area homes, it may offer updated infrastructure and fewer immediate maintenance concerns typical of century-old properties. The renovated basement adds functional living space, a valuable asset in a smaller footprint home. The assessed value suggests it is a financially stable proposition within the Jefferson area, positioned above average for the neighborhood.
This property would suit first-time buyers or downsizers seeking an efficient, low-maintenance home in a well-established area. It’s a practical choice for those who prefer a newer build within a historic neighborhood and value a finished basement over extensive yard work or large square footage. It’s less suited for those requiring multiple bedrooms, garage parking, or significant outdoor space.
Section 2: Frequently Asked Questions
1. How does the age of this home compare to others nearby?
Built in 1977, this home is significantly newer than most in the Jefferson neighborhood, where the average comparable home was built around 1959. This could mean more modern wiring, plumbing, and insulation.
2. Is the living space smaller than average?
Yes. At 896 sqft, it is below the Winnipeg city-wide average. However, it is closer to the average for the immediate Jefferson Avenue area and neighborhood. The renovated basement effectively expands the usable space.
3. What does the assessed value tell me?
The assessed value is above average for the Jefferson neighborhood, which can indicate the property is in good standing relative to its immediate peers. It’s important to note this is a value for taxation, not a market price.
4. How does the lot size impact this property?
The lot is below average in size for both the neighborhood and the city. This translates to less yard maintenance, which can be a positive for some, but limits potential for expansions, sheds, or extensive landscaping.
5. Are there any obvious features this home lacks?
The listing confirms there is no garage or pool. Street parking would be the norm, and any outdoor recreation space would be limited to the property's own yard.