Property Overview
This one-storey home at 530 St Anthony Avenue in Winnipeg's Jefferson neighbourhood presents a solid, value-oriented opportunity. Built in 1953, it features 1,044 sqft of living space, a renovated basement, a detached garage, and sits on a 5,296 sqft lot. The data reveals its standout characteristic is its assessed value of $34,800, which ranks in the elite top 3% on its own street and the top 8% within Jefferson, suggesting it is a high-value property relative to its immediate area.
Key Characteristics & Appeal
The primary appeal of this home lies in its strong value proposition and established location. It is not the largest home, but it offers above-average living space for its specific street and neighbourhood. The renovated basement adds functional living area. Its exceptionally high ranking for assessed value on St Anthony Avenue indicates it is considered a substantial asset compared to its neighbours, which can be appealing for equity-minded buyers. The lot size is generous for the area, providing good outdoor space.
This property would suit a first-time homebuyer or a practical investor looking for a straightforward, single-level home in a mature neighbourhood. It’s ideal for someone who prioritizes getting a well-assessed property for the price over having modern or luxury finishes. The data suggests you are buying into a street where this home is considered a top-tier asset, which is a less obvious but compelling perspective.
Frequently Asked Questions
1. What does the "Elite" ranking for Assessed Value actually mean?
It means this home's official assessed value is among the highest 3% on St Anthony Avenue and top 8% in the wider Jefferson neighbourhood. This suggests it is viewed as a higher-value property compared to most homes directly around it.
2. Is the living space small?
At 1,044 sqft, it is above the average for similar homes on its street (~967 sqft) and in Jefferson (~1,029 sqft). It is smaller than the Winnipeg city-wide average, but is competitively sized for this specific area.
3. What is included in the "renovated basement"?
The listing confirms the basement is renovated but does not specify the extent or finish. This would be a key detail to clarify with the seller or agent to understand if it's a finished living space, a modernized utility area, or something in between.
4. How recent was the last sale, and what did it sell for?
Public records indicate a sale between August 2016 for approximately $28,500-$31,500. For the exact sale price, you would need to request that information directly from the listing service.
5. The home was built in 1953. What should I be aware of?
While the home is newer than many on its street (ranking in the top 4%), a 73-year-old house will likely have original or aged core components. The condition of the roof, wiring, plumbing, and foundation should be key focuses of a professional inspection, alongside the details of the basement renovation.