Property Overview: 379 Perth Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home on Perth Avenue in the Jefferson neighbourhood presents a solid, above-average offering within its local context. Built in 1952, its key appeal lies in its renovated basement and a living space (1,281 sq. ft.) that ranks comfortably above average for both its street and area. The detached garage adds practical value. The standout feature is its financial positioning: with an assessed value of $342,000, it sits in the top 10-11% of comparable homes in Jefferson and on Perth Avenue itself, suggesting strong value retention for the area. The lot size is typical for the neighbourhood.
Its appeal is grounded in offering more interior space than many nearby homes while holding a valuation that outperforms its immediate peers. It would suit a practical buyer looking for a move-in-ready home with modernized basics in a stable neighbourhood, particularly someone who values a home that metrics indicate is a strong performer on its own street. It’s a property for those who appreciate a renovated lower level for extra living space and who see the value in a home that already stands above local averages in key financial and spatial metrics.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is in the top 11% on Perth Avenue and top 10% in the wider Jefferson area, indicating it is valued higher than most direct comparable properties, which often signals desirable updates, lot placement, or consistent market confidence.
2. Is the living space larger or smaller than typical homes here?
Yes, it is larger. At 1,281 sq. ft., the living area ranks in the top 18% on its street and top 16% in Jefferson, meaning it offers more interior space than approximately 80-85% of similar homes in those circles.
3. What does the sold price history show?
Public records show it last sold in September 2022 for a price range between $355,000 and $385,000. For the precise sale price, you can request the exact figure via email from the listing source.
4. What is the neighbourhood context for a home built in 1952?
Built in 1952, this home is actually newer than the average comparable home on Perth Avenue (avg. 1945) and in Jefferson (avg. 1948). This is a less obvious point that means its construction date is relatively modern for the area’s housing stock.
5. Are the property taxes likely to be high given the assessed value?
While the assessed value is above average for the immediate area, it is close to the citywide average for comparable homes. Property taxes would be more influenced by the City’s mill rate and likely align more with a mid-range city valuation than an exceptionally high one.