526 Perth Avenue

Property Summary: 526 Perth Avenue, Winnipeg

Key Characteristics & Appeal

This 960 sqft, one-storey home on a spacious 5,886 sqft lot in Jefferson presents a practical and value-conscious opportunity. Its key appeal lies in a balance of modest home size paired with a significantly larger-than-average lot for the immediate area, offering room for expansion, gardening, or outdoor living. The home itself is newer than most on its street (built in 1954), and features a renovated basement and a detached garage. The assessed value is positioned around the neighbourhood average, suggesting a stable entry point into the market.

This property would suit first-time buyers or practical downsizers looking for a manageable footprint without sacrificing outdoor space. It’s a home for someone who sees potential in the land itself—whether for future projects, privacy, or simply having room to breathe—rather than in a large or modernized interior. The appeal is grounded in fundamentals: a solid lot size, a functional layout with updated below-ground space, and a location within a well-established community.

Frequently Asked Questions

1. How does the home’s size compare to others?
At 960 sqft, the living area is slightly below the Winnipeg city average but is quite typical for the Jefferson neighbourhood and Perth Avenue itself, where comparable homes average around 1,055 sqft.

2. Is the lot size a significant feature?
Yes. The lot of nearly 5,900 sqft ranks in the top 10-15% for the street and neighbourhood, meaning it is substantially larger than most nearby properties. This is a standout characteristic for potential expansion or outdoor use.

3. What does the assessed value tell me?
The assessed value of approximately $294,000 is around the average for Jefferson and Perth Avenue. This can indicate the home is priced in line with its immediate locale, though the final sale price is determined by the market.

4. The home was last sold in 2017. Can I find out that exact price?
Exact sold price histories are not publicly displayed. The listing service offers to provide this specific data manually via email request, at no cost and without marketing spam.

5. What is the context of the “renovated basement”?
While noted as renovated, the details of the renovation (scope, quality, permits) are not provided in this data. This is a key point for a home inspection and discussion with the seller to understand the nature and condition of the updates.