Property Summary: 366 Matheson Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on a standard city lot in the Jefferson area presents a solid, above-average offering in its immediate neighborhood. Its primary appeal lies in its generous living space—at 1,526 sqft, it is notably larger than most comparable homes on its street and in Jefferson—paired with a recently renovated basement, adding valuable finished square footage. The detached garage offers flexible storage or workshop potential.
The home’s assessed value ranks highly within Jefferson, suggesting it is perceived as a premium property in that specific area. Built in 1952, it is newer than many neighboring homes, which may imply updates to core systems or a different architectural character. This combination suits buyers looking for move-in-ready space without needing a massive lot, particularly those prioritizing interior room over exterior land size. It’s a practical choice for a small family, a professional needing a home office, or a buyer who values a renovated basement for entertainment or rental potential.
A less obvious perspective is its positioning: while elite in Jefferson, its assessment is average city-wide. This indicates you may be paying for a top-tier home in this specific community, which could be a sound investment if the area continues to rise, but may not carry the same prestige in a broader Winnipeg context.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,526 sqft, this home is in the top 20% on its street and the top 6% in the Jefferson area for living space, making it significantly more spacious than local averages.
2. What does the assessed value ranking tell me?
The assessment ranks in the top 4% in Jefferson, indicating it is considered a high-value property for the neighborhood. City-wide, however, it falls around the middle, providing context on its relative standing.
3. Has the home’s value increased?
Based on available sold price ranges, the home likely appreciated between its 2016 and 2021 sales. For the exact sale prices, you can request the information via email from the listing source.
4. What is the lot size, and is it typical?
The lot is 5,249 sqft, which is very close to the average for both Matheson Avenue and the Jefferson area, offering standard city-lot yard space.
5. What does the "one-and-a-half storey" building type typically mean?
This style often features a main floor with principal rooms and a second floor under sloping roof lines, which may include cozy bedrooms or unique alcoves, common in mid-century Winnipeg homes.