Property Overview: 631 Matheson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Matheson Avenue in the Jefferson neighbourhood presents a practical and straightforward opportunity. Its key characteristics include 1,048 square feet of living space, a renovated basement, a detached garage, and a 5,398 sqft lot. Built in 1952, it is notably newer than many homes on its street.
The appeal lies in its position as a solid, average-sized home in a mature community. The renovated basement adds functional living space, and the lot size is above average for Jefferson, offering good outdoor potential. The home’s assessed value sits comfortably in the middle range for the immediate area, suggesting it is priced in line with its local market rather than being an outlier.
This property would suit first-time buyers or downsizers looking for a manageable, single-level layout without major renovations. It’s also a fit for value-focused buyers who prioritize a decent lot size and a home that is newer than many of its neighbours, potentially implying fewer immediate age-related updates. It’s less suited for those seeking a large interior footprint or a brand-new build.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The assessed value is around average for Matheson Avenue and the Jefferson neighbourhood. This indicates it is not unusually high or low for the area, providing a stable benchmark.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to assess the quality of the renovation, check for proper permits, and understand the finished layout and materials used.
3. Is the lot size a significant feature?
Yes. At over 5,300 sqft, the lot is above average for the Jefferson neighbourhood. This is a less obvious advantage that provides more private outdoor space than many nearby properties, which is valuable for gardening, recreation, or future expansion.
4. How does the age of the home (1952) factor in?
Built in 1952, this home is newer than the average house on Matheson Avenue. While still a mature home, this could suggest updated building materials or systems compared to pre-war houses, but a thorough inspection is still crucial to determine the condition of the roof, wiring, and plumbing.
5. Where can I find exact historical sale prices?
The provided sold price ranges are based on public data. The listing service offers to provide the exact sale prices via a manual email request, which they aim to fulfill by the end of the same business day.