549 Smithfield Avenue

Property Overview: 549 Smithfield Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on a generous 5,339 sqft lot in Jefferson presents a practical and straightforward opportunity. Its key features include a renovated basement and a detached garage. With 792 sqft of living space, the house is compact, placing it below the citywide average for size but offering manageable upkeep.

The appeal here is rooted in value and potential. The home’s assessed value is notably below the city average, suggesting a potentially accessible entry point into the market. While the living space is modest, the lot size is above average for the Jefferson area, offering valuable outdoor space or future expansion potential. A thoughtful perspective is that, for its street, this home is newer than most (built in 1951), which may imply updates to core systems compared to immediate neighbors.

This property would best suit first-time buyers or practical downsizers seeking a lower-maintenance footprint without sacrificing yard space. It’s a home for those who prioritize a solid lot in a established neighborhood over square footage, and who see the renovated basement as a key bonus for extra living or storage space.

Section 2: Frequently Asked Questions

1. Is this a small house?
Yes, at 792 sqft, the living area is below the Winnipeg average. However, the renovated basement provides additional functional space, and the lot is larger than many in the local Jefferson area.

2. How does the assessed value compare?
The assessed value is around average for its immediate street and neighborhood, but is significantly below the average for the entire city of Winnipeg. This often indicates a more affordable price point within the broader market.

3. What does the sale history show?
It last sold in March 2017. The provided data shows a sold price range, but for the exact figure, you must request it directly from the site via email, which they provide as a manual, non-marketing service.

4. Is the lot a usable size?
Yes. The lot of over 5,300 sqft is a standout feature, ranking above average for the Jefferson area. This offers ample backyard space, which is a valuable asset not always found with smaller homes.

5. How does the age of the home factor in?
Built in 1951, it is a 75-year-old character home. Interestingly, on its own street, it ranks as "newer" than most, which could be a positive indicator relative to its direct neighbors, but a full inspection is always recommended for a home of this era.