Property Overview
This one-and-a-half storey home on Jefferson Avenue presents a compelling blend of above-average space and a renovated basement within a well-established neighbourhood. Its primary appeal lies in its generous 1,686 sqft living area, which ranks in the top 1% for size on its street and the top 3% within the broader Jefferson area, offering significantly more room than typical local homes. The property sits on a standard 5,000 sqft lot and features a detached garage. A key, less obvious strength is its assessed value positioning; it is considered elite within its immediate locale, suggesting it may offer strong value relative to its direct neighbours. The home would suit practical buyers looking for ample interior space without a premium city-wide price tag, and is ideal for those who value a renovated lower level and the character of a mid-century home built in 1953.
Frequently Asked Questions
1. How does the home’s value compare to the rest of Winnipeg?
While its assessed value ranks in the elite top 3% on Jefferson Avenue, city-wide it sits around the 32nd percentile, or slightly above average. This indicates you are getting a home that is highly regarded in its immediate area without paying a city-wide premium.
2. Is the living space configuration typical for the area?
No, it’s exceptional for the neighbourhood. The living area is over 650 sqft larger than the local average, placing it in the top 1% of homes on the street. This means you get substantially more interior space than most nearby properties.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a separate entrance or additional bedrooms.
4. The home was built in 1953. What should I be aware of?
Its age is typical for the street but older than the average in the Jefferson area. A thorough inspection is recommended to assess the condition of major aging components like the roof, plumbing, electrical, and foundation, though the basement renovation may have addressed some updates.
5. Where can I find the exact historical sale price?
The exact sold price is not publicly displayed. The site provides an estimated sold price range from July 2022 (between $44.5k and $47.5k) and offers to provide the precise figure via email upon request at no cost, with a promise of no marketing spam.