Property Overview: 433 Perth Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home at 433 Perth Avenue in the Jefferson neighbourhood stands out for its above-average size and recent, significant renovation. With 2,016 sqft of living space, it ranks in the top 1% of homes on its street and in Jefferson for sheer square footage, offering substantially more room than local averages. The property is complemented by a generous 5,831 sqft lot and a detached garage. A key modern update is the fully renovated basement, adding valuable finished space.
The primary appeal lies in its combination of space, updates, and established location. It represents a move-in ready opportunity in a mature neighbourhood, avoiding the wait and premium of new construction. The home’s assessed value of $370k is elite for its immediate area (top 3% on Perth Ave), suggesting it is a higher-caliber property within its local context. It would particularly suit buyers who need ample indoor living space, value a renovated basement for family, recreational, or potential rental use, and prefer the character and lot sizes found in established communities over newer subdivisions.
Frequently Asked Questions
1. How does the home’s value compare to the wider Winnipeg market?
While the assessed value is in the top tiers for its street and neighbourhood, it sits around the city-wide average. This indicates you are getting a property that is a standout locally for a price that is competitive with average homes across Winnipeg.
2. The home was built in 1970. What might that mean for maintenance?
A 1970s build is newer than many in Jefferson, which is a positive. However, while the basement is renovated, a buyer should still consider the age of major systems like the roof, windows, plumbing, and electrical, which may be due for updates or inspection.
3. The last recorded sale was in late 2023. Why might it be back on the market so soon?
The brief ownership period could be due to many neutral factors, such as a job relocation, change in family circumstances, or even an investor completing the basement renovation and now selling. It does warrant asking the seller or their agent for context.
4. What is the significance of the lot size?
At nearly 6,000 sqft, the lot is larger than most on the street and in Jefferson. This offers more private outdoor space, better potential for landscaping or gardening, and a greater sense of separation from neighbours compared to newer, denser developments.
5. The data shows "exact sold price" is available by email. Why isn't it just listed?
Sold prices can be difficult to track accurately from public records alone. The service offers to provide verified data manually, which ensures accuracy for serious buyers while respecting the privacy and data handling policies of the listing platform.