373 Seven Oaks Avenue

Property Overview: 373 Seven Oaks Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in the Jefferson neighbourhood presents a practical and value-conscious opportunity. Its key strength is its generous living space of 1,680 sqft, which is notably larger than most comparable homes on its street and in the wider area. This offers more room than typical for the locale. The home sits on a standard city lot and features a detached garage. A significant positive is the renovated basement, adding functional living space. Built in 1949, the home is of a vintage common to the area, suggesting potential for classic charm alongside expected maintenance considerations.

The primary appeal lies in its above-average interior space at a likely accessible price point, as indicated by its assessed value being around the local average but below the city-wide average. It suits buyers looking for a spacious footprint in a mature neighbourhood without a premium price tag—ideal for first-time homeowners, small families seeking room to grow, or practical investors. A thoughtful perspective is that while the home ranks highly for space locally, its assessed value suggests it may not have undergone the same level of modernization or premium updates as some area homes, representing a solid "blank canvas" or value-oriented purchase rather than a turn-key luxury property.

Section 2: Frequently Asked Questions

1. How does the living area compare to nearby homes?
The home’s 1,680 sqft of living area is in the top 7% on Seven Oaks Avenue and the top 3% in the Jefferson neighbourhood, meaning it is significantly more spacious than most direct comparables.

2. What does the assessed value indicate about the property?
The assessed value is around the average for Jefferson and its specific street, but below the average for the entire city. This typically suggests a value-oriented position within a mature neighbourhood.

3. Is the basement finished?
Yes, the listing specifies the basement has been renovated, adding to the home’s usable living space.

4. What is the typical home age and lot size in this area?
The home was built in 1949, which is very typical for Jefferson. The lot size of 4,299 sqft is also standard, ranking close to the average for both the street and the neighbourhood.

5. Where can I find the exact historical sold price?
The exact sold price is not publicly displayed. The listing service provides an estimated range based on public data and offers to send the precise figure manually via email upon request, at no cost and without marketing spam.