Property Overview: 574 St Anthony Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Jefferson presents a compelling opportunity, particularly for its value within the immediate area. Built in 1953, it is notably newer than most homes on its street and in the neighbourhood, which can mean fewer concerns about the age of core components. The 917 sqft living space is practical and complemented by a renovated basement, adding functional space. A key asset is the generous 5,412 sqft lot, offering above-average outdoor space for the area—a rarity that provides room for gardening, play, or future expansion.
Its primary appeal lies in its strong value proposition within the local context. The home's assessed value ranks significantly above average for both St. Anthony Avenue and the wider Jefferson neighbourhood, suggesting it is viewed as a solid asset compared to its peers. This, combined with its recent sale history, indicates a property that has been maintained and updated. The detached garage adds practical storage or workshop space.
This property would suit first-time buyers seeking a move-in-ready home with modern touches in an established neighbourhood, or investors looking for a stable rental property with a history of appreciating value. It’s also ideal for downsizers or those who prefer single-level living but still want a substantial yard.
Section 2: Frequently Asked Questions
1. How does the home's size compare to others?
At 917 sqft, the living area is very close to the average for both the street and Jefferson neighbourhood. The renovated basement effectively expands the usable living space, making the home feel larger than the main-floor square footage suggests.
2. The assessed value seems low. Is this accurate?
The assessed value is for municipal tax purposes and is not market value. The key takeaway is its ranking: it's in the top 9% on its street and top 17% in Jefferson, meaning it's assessed higher than most comparable homes nearby, which often reflects updates, condition, and desirability.
3. What does the lot size offer?
The lot is over 5,400 sqft, which is larger than about 78% of lots on the street. This is a significant feature, providing more privacy, green space, and potential than is typical for the area.
4. The home was built in 1953. What should I consider?
While 73 years old, this home is actually newer than the average house on its block by about 7 years and in Jefferson by 5 years. This can be an advantage, potentially indicating newer materials and systems for its vintage. A thorough inspection is always recommended to understand the condition of the roof, wiring, and plumbing.
5. What is the neighbourhood like?
Jefferson is an established, no-frills Winnipeg neighbourhood. The property's metrics suggest it is a stable, average-performing area within the city, where this particular home stands out for its above-average lot size and assessed value relative to its immediate peers.