Property Overview & Key Characteristics
This one-storey home at 514 Hartford Avenue in Winnipeg's Jefferson neighbourhood presents a practical and well-situated option. Built in 1954, its 1,114 sqft of living space is competitively sized for the area, and it features a renovated basement and a detached garage. The property stands out for its above-average land area of 5,785 sqft, offering more outdoor space than many nearby lots—a notable advantage in an established area. Its assessed value ranks well within Jefferson, suggesting a solid foundation relative to the local market.
The appeal lies in its balance of a functional, updated living space on a generous lot within a mature community. It suits first-time homebuyers seeking a manageable single-level layout, or investors looking for a property with a strong land component and a modernized basement that could support rental income. A thoughtful perspective is that while the home itself is average in size for the city, its value proposition is anchored in the neighbourhood and the lot, offering room to grow or garden that can be harder to find in newer subdivisions.
Frequently Asked Questions
1. How does the property compare to others on the street and in Jefferson?
The home is consistently around or above neighbourhood averages. Its living space is typical for Hartford Avenue, but it has a larger-than-average lot and an assessed value that ranks in the top 35% on the street and top 19% within the wider Jefferson area.
2. What is the exact recent sold price history?
The provided data shows a sold price range from late 2016. For precise, up-to-date sold prices, you must request the information directly via the website's email system, as this data is verified and shared manually.
3. What does a "renovated basement" typically mean for a home of this era?
While specifics aren't listed, in a 1954 home this often indicates updated finishes and likely addressing foundational moisture protection or insulation—key considerations for comfort and energy efficiency in Winnipeg's climate.
4. Is the detached garage a standard feature here?
It's a listed feature, but not universal. In established neighbourhoods like Jefferson, a detached garage provides useful storage or workshop space, though it may require consideration for winter access compared to an attached option.
5. The assessed value seems low compared to the city-wide average. Why?
The city-wide average includes all property types and newer, higher-value areas. The assessed value here is best compared locally; ranking "above average" in Jefferson indicates it is valued appropriately within its specific market context.