Property Overview: 391 Royal Avenue, Winnipeg
Key Characteristics & Appeal
This well-maintained one-storey home in the Jefferson neighbourhood presents a practical and comfortable living opportunity. Built in 1955, its 1,095 sqft of living space sits comfortably around the average for its street and area, offering a manageable layout. A key feature is the renovated basement, which adds valuable finished space and modern convenience. The property sits on a standard city lot of just over 4,700 sqft and includes a detached garage.
The appeal lies in its solid, above-average positioning within its immediate community. The home's assessed value ranks in the top 29% on its own street and the top 18% within Jefferson, suggesting it is a well-regarded property in a stable area. It suits first-time homebuyers looking for a move-in-ready starter home with updated essentials, or downsizers seeking a manageable single-level layout without compromising on space. The data indicates a history of steady value, appealing to those prioritizing a sensible, long-term investment in a mature neighbourhood over trendier, more volatile markets.
Frequently Asked Questions
1. What is the exact recent sold price?
The public data shows a sale in November 2019 for an estimated range. For the precise sale price, you can request it via email from the listing source; they provide this detail manually.
2. How does this home compare to others nearby?
The metrics show this home consistently performs above average for assessed value within the Jefferson area and on Royal Avenue itself, while its living area, lot size, and age are all comfortably around the local norms. This suggests a property that maintains its value well relative to its peers.
3. What does "renovated basement" typically mean here?
While specifics should be verified with a viewing or the listing agent, in homes of this era, a renovated basement often means it has been finished into a livable space—likely including insulation, drywall, flooring, and proper egress—adding functional square footage for a family room, office, or additional bedrooms.
4. Is a detached garage a drawback?
This depends on preference. A detached garage offers flexibility for a workshop or projects without concerns about fumes or noise in the house. For some, it is a minor inconvenience in winter; for others, the separation is a benefit.
5. The home is 71 years old. What should I be mindful of?
While the renovated basement is a positive update, a home of this age warrants a standard thorough inspection. Key focus areas would include the original roof, windows, plumbing, electrical systems, and the foundation, to understand what major maintenance items may be on the horizon.