591 Smithfield Avenue

Property Overview: 591 Smithfield Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on a generous 5,342 sqft lot presents a practical and straightforward opportunity in Winnipeg's Jefferson neighborhood. Built in 1951, it is notably newer than many homes on its street and in the immediate area. The living space is compact at 792 sqft, but it features a renovated basement, adding functional space. There is no garage or pool.

The primary appeal lies in its value-oriented positioning. The home's assessed value sits below the average for its street, neighborhood, and city, suggesting a potentially accessible entry point into the market. The lot size is a key asset, being above average for both the street and Jefferson, offering valuable outdoor space or future potential that many similarly priced properties lack. It would suit first-time buyers, downsizers, or investors seeking a no-frills property with a solid lot size in a mature neighborhood. Its manageable scale and renovated basement also make it a candidate for those looking for a liveable home without immediate major renovation projects.

Section 2: Frequently Asked Questions

1. How does the home's size compare to others?
At 792 sqft of living area, this home is more compact than the average home on Smithfield Avenue and in Winnipeg overall. The renovated basement provides additional functional space.

2. What is the significance of the lot size?
The 5,342 sqft lot is a standout feature. It is larger than most lots on the same street and in the Jefferson area, offering more private outdoor space than is typical for homes in this value range.

3. Why is the year built highlighted as a positive?
Constructed in 1951, this home is younger than the majority on its block. This can sometimes correlate with newer building materials, layouts, or systems compared to the pre-1945 average for the street.

4. What does the assessed value indicate?
The assessed value is below the average for comparable homes on the street, in the neighborhood, and citywide. This is a key metric for municipal property taxes and often influences listing prices, suggesting this property may be positioned at a competitive price point.

5. Where can I find the exact historical sale prices?
Exact sold prices are not publicly displayed. The listing service provides an estimated range (e.g., $20.5k - $23.5k in May 2019) and offers to provide the precise figures via email upon request, at no cost or marketing obligation.