Property Summary: 523 Hartford Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home in the Jefferson neighbourhood presents a practical and well-positioned opportunity. Its key characteristics include 1,169 sqft of living space, a renovated basement, a detached garage, and a 4,983 sqft lot. Built in 1955, the home sits comfortably above average for its immediate area in several metrics. Notably, its living space and assessed value rank in the top third of the Jefferson neighbourhood, suggesting it offers more substance than many nearby properties.
The appeal lies in its solid, no-fuss proposition. It’s a home that provides functional space, including the valuable finished basement, without excessive size or premium. The lot size is typical for the street, offering decent outdoor space. From a value perspective, its above-average standing in the neighbourhood against a city-average price point indicates a potentially sound investment for the area. This property would suit first-time buyers seeking a move-in-ready home with extra developed space, or practical-minded investors looking for a stable rental property in a consistent neighbourhood. It’s for those who prioritize neighbourhood-level value over city-wide luxury.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $310k ranks above average (top 26%) for the Jefferson neighbourhood, suggesting it is a comparatively substantial property on a local level, even if it’s around average city-wide.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but the specific finishes, rooms (e.g., bedroom, living area), and compliance with permits should be verified with the seller or a viewing.
3. Is the detached garage heated or insulated?
This detail is not provided in the available data. This would be a key question for determining its year-round utility.
4. How recent was the last sale, and what was the price?
The home sold previously in September 2021. The exact sale price is not publicly listed, but available data suggests a range. The exact figure can be requested from the listing source.
5. The home was built in 1955. What should I check regarding its age?
While the structure is sound, a focused inspection for updates to major aging components is wise. Pay special attention to the roof, plumbing, electrical systems, and the foundation, ensuring the renovation work was done to a high standard.