Property Summary: 537 Seven Oaks Avenue, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Jefferson presents a solid, value-oriented opportunity. Its key characteristics include a renovated basement, a detached garage, and a generous 4,999 sqft lot that ranks well above average for its street. With 1,210 sqft of living space, the home offers comfortable room for a small family or couple.
The appeal lies in its strong positional value within the local market. The assessed value is notably high for both the immediate street and the Jefferson area, suggesting the property is viewed favorably compared to its peers. Recent sale history indicates steady market interest. It suits practical buyers looking for a move-in-ready home with a low-maintenance, single-level layout, and those who value a larger-than-average yard in a mature neighbourhood. A thoughtful perspective is that while the home was built in 1952, it is newer than many on its street, potentially meaning fewer concerns associated with very early-century construction.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is in the top 9% for the Jefferson area and top 12% for Seven Oaks Avenue, indicating it is considered a higher-value property within these specific locales.
2. What is the exact recent sold price?
The provided data shows sold price ranges. For the precise sale figures, you can request the exact history via email from the listing source.
3. Is the lot size a significant feature?
Yes. The land area of 4,999 sqft is above average for the street (top 14%), offering more outdoor space than many neighbouring properties.
4. What does the "renovated basement" include?
The details specify a renovated basement but do not list the finishes or layout. This would be a key point for buyer due diligence to understand the quality and scope of the renovation.
5. Are comparable homes nearby?
The listing references a nearby home at 551 Jefferson Avenue for general comparison, which is older, smaller, and has a lower assessed value, highlighting how 537 Seven Oaks stands out in its immediate context.