Property Summary: 484 St Anthony Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Jefferson presents a solid, no-fuss opportunity. Its key appeal lies in a combination of a generous, above-average lot size for the area and a recently renovated basement, offering immediate livable space without the need for a major project. The home is modest in size at 900 sqft, which is typical for the immediate neighborhood, suggesting a manageable and efficient layout.
The data reveals some thoughtful perspectives: while the living area is average for the street, the property holds a significantly higher assessed value than its neighbors, ranking in the top 16% on St. Anthony Avenue. This could indicate desirable updates, a premium lot location, or simply strong perceived value relative to nearby homes. Furthermore, it’s a notably newer build for the area (1953), ranking in the elite top 4% on its street, which often translates to more modern construction materials and systems compared to its older peers.
This property would suit a first-time homebuyer looking for a move-in-ready starter home with a good yard, or a practical investor seeking a stable rental in an established neighborhood. It’s for someone who values a renovated space and a lot with potential over a large interior footprint.
Section 2: Frequently Asked Questions
1. Is the house small compared to others in Winnipeg?
Yes, at 900 sqft, it is below the Winnipeg city-wide average for living area. However, it is very much in line with the average for the Jefferson neighborhood and on St. Anthony Avenue itself, where efficient, smaller homes are common.
2. Why is the assessed value higher than many neighbors?
The home ranks in the top 16% for assessed value on its street. This premium is likely due to a combination of its newer build year (1953), the renovated basement, and its larger-than-average lot size for the area.
3. What does the "elite" ranking for year built mean?
Built in 1953, this home is among the newest 4% on St. Anthony Avenue, where many homes date back to the 1940s. This suggests potentially fewer concerns with very aged infrastructure compared to immediate neighbors.
4. What is the potential here for future expansion?
The above-average land area (5,410 sqft) provides a valuable asset. Whether for adding a deck, garden, storage, or even considering a future addition (subject to zoning), the lot offers more flexibility than is typical for the area.
5. How stable has the home's value been?
Based on available data, the home sold in mid-2021 for a price range consistent with its current assessed value, indicating stable market value in recent years within its neighborhood context.