Property Overview: 542 St Anthony Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Jefferson presents a practical and value-conscious opportunity. Its key characteristics include a renovated basement, a detached garage, and a notably generous lot size of over 5,400 sqft, which is above average for both the street and the neighbourhood. With 917 sqft of living space, the house itself is comfortably sized for the immediate area.
The appeal lies in its solid positioning within a established community. The home is newer than most on its street (built in 1953), and its assessed value is consistent with area norms, suggesting a fair market entry point. The renovated basement adds functional living space, while the large lot offers valuable outdoor potential—a relative rarity in the city. This property would best suit first-time buyers, downsizers, or practical investors seeking a manageable home with a low-maintenance footprint and the added benefit of land for gardening, expansion, or simple private outdoor space.
Section 2: Frequently Asked Questions
1. How does this home really compare to others in the area?
The data shows it’s a very typical home for Jefferson in terms of size and value, but it stands out on its specific street for being newer and on a larger lot. Citywide, it’s a more compact, affordable option.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand the quality and functionality of the space.
3. Is the assessed value a good indicator of the selling price?
The assessed value ($28,600) is for municipal tax purposes. The last recorded sold price range (late 2023) was between $30,500 and $33,500, which is a more relevant recent benchmark, though market conditions may have shifted.
4. What are the implications of such a large lot?
Beyond extra yard space, a larger lot can offer future potential (like adding a garden suite, subject to zoning) and typically contributes to property value. It also may mean slightly higher maintenance or landscaping responsibilities.
5. Why is the year built considered a standout feature?
Built in 1953, this home is significantly newer than the average home on St. Anthony Avenue (avg. 1946). This can suggest updated core systems like wiring or plumbing compared to much older neighbours, potentially reducing immediate repair needs.