Property Overview: 328 Smithfield Avenue, Winnipeg
Key Characteristics & Appeal
This well-situated one-and-a-half storey home in Jefferson presents a solid, no-fuss opportunity. Built in 1948, its 1,144 sqft of living space and renovated basement offer functional living for a small family, couple, or first-time buyer. The detached garage adds practical value. Its core appeal lies in its established neighborhood setting and its position as a statistically average home for the area in terms of size, age, and assessed value—this translates to a predictable, lower-risk entry point into the market without premium costs.
A more thoughtful perspective considers the lot size. At 4,743 sqft, the property sits on a below-average lot for Smithfield Avenue itself, which may limit expansive outdoor additions but also means less maintenance. Conversely, this lot size is typical for the wider Jefferson area, suggesting the home fits comfortably within the community’s fabric. The home’s assessed value is notably below the Winnipeg citywide average, highlighting Jefferson as a more affordable pocket within the city. This property would suit pragmatic buyers looking for a move-in-ready baseline in a mature neighborhood, those who value space efficiency over sprawling square footage, and investors seeking a stable rental property with reasonable upkeep.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
Based on assessed value, this home is very typical for both Smithfield Avenue and the broader Jefferson neighborhood, ranking around the average. It is, however, assessed below the average for the entire city of Winnipeg, indicating it sits in a more affordable area.
2. Is the lot size a disadvantage?
While the land area is smaller than most lots on the same street, it is standard for the Jefferson area overall. It provides a manageable yard space but may not accommodate large additions like a sprawling deck or pool.
3. What does “renovated basement” imply?
The listing confirms the basement has been renovated, but the specific scope and quality of finishes (e.g., legal suite, moisture protection, ceiling height) are not detailed. This would require verification during a viewing and by asking the seller for details on permits and the work completed.
4. How can I find out the exact historical sale price?
The listed sale price ranges are estimates from public data. The site provides a manual service where you can submit your email to receive the exact recorded sale price, with a promise of a reply by the end of the same day and no unsolicited marketing.
5. What are the implications of the home’s age?
Built in 1948, the home is older than the Winnipeg city average. While the basement has been updated, potential buyers should pay particular attention to the condition of major aging components during an inspection, such as the roof, plumbing, electrical systems, and the foundation.