Property Overview: 302 Matheson Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1907, presents a classic character home opportunity in the Jefferson area. Its primary appeal lies in its generous, above-average living space (1,461 sq ft) compared to most homes in its immediate neighborhood and the wider Jefferson area. The home features a renovated basement, adding functional space. The assessed value is notably modest relative to the city-wide average, which may indicate a value proposition for the right buyer.
The property suits buyers who prioritize interior space and character over a large yard or modern construction. It’s a practical fit for those comfortable with the maintenance considerations of a century-old home and who see potential in its established neighborhood standing. A less obvious perspective is that its smaller lot size (3,355 sq ft) could be a benefit for those seeking lower exterior maintenance without sacrificing indoor square footage. The data suggests this home offers more room inside than many area comparables, making it ideal for someone whose lifestyle is focused indoors or who values the architectural details of an older home.
Frequently Asked Questions
1. Is the price competitive for the area?
Based on assessed value, the home is positioned around the average for both Matheson Avenue and the Jefferson neighborhood, but below the city-wide average. This suggests it may offer more space for the money locally, though the final sale price will depend on condition, updates, and market factors.
2. What does "one & 3/4 storey" mean?
This is a common architectural style where the second floor has sloped ceilings following the roof line, with full-height walls only in the center of the rooms. It often provides charming, cozy upper-level rooms but may have less usable space than a full two-storey layout.
3. How does the lot size impact the property?
At 3,355 sq ft, the lot is below average for the street, neighborhood, and city. This means smaller outdoor spaces but also less yard work. It’s a trade-off that prioritizes the building footprint itself.
4. The home is over 100 years old. What should I consider?
While offering character, a 1907 build requires attention to aging components like the foundation, plumbing, electrical, and insulation. A thorough inspection is essential. The renovated basement is a positive, but understanding the scope and quality of that renovation is key.
5. Where can I find the exact historical sale prices?
The listed sale price ranges are estimates from public data. The exact sale price history is available by request via email from the listing source, which provides the accurate figures manually.