Property Overview
This one-and-a-half storey home at 299 Mcadam Avenue in Winnipeg’s Jefferson neighbourhood presents a practical and updated living space. Its key appeal lies in offering above-average interior space for the immediate area, with a recently renovated basement adding functional square footage. The home sits on a modest, manageable lot with a detached garage. Built in 1951, it is notably newer than many neighbouring houses, which can be an advantage for systems and structure. The assessed value is consistent with the local area, suggesting it is priced in line with market expectations.
This property would suit first-time buyers or downsizers looking for a move-in-ready home with modernized living spaces without the upkeep of a large yard. It’s also a sensible fit for pragmatic investors or homeowners who value interior space over expansive outdoor land, as the living area ranks well locally despite the lot size being smaller than average for the city.
Frequently Asked Questions
How does the living space compare to nearby homes?
At 1,329 sqft, the living area is above average for both Mcadam Avenue and the wider Jefferson neighbourhood, offering more interior space than many comparable local properties.
Is the lot size a significant consideration?
The land area is smaller than the average for Winnipeg. This means less yard maintenance, but also less private outdoor space. For buyers prioritizing interior square footage or a low-maintenance lot, this could be a benefit rather than a drawback.
What does the "above average" year built mean?
Built in 1951, the home is newer than many on its street and in Jefferson. This can sometimes correlate with updated building materials or layouts, and potentially fewer issues associated with very aged infrastructure.
What is the significance of the assessed value being "around average"?
The assessed value is typical for the area, indicating the property is not an outlier. It suggests municipal valuation is in line with the local market, providing a stable benchmark, though the final sale price is determined by the market.
How recent is the basement renovation, and what does it include?
The listing confirms the basement is renovated but does not specify the date or scope. This is a key detail to request, as it impacts the home's functionality, floor plan, and quality of the finished space.