Property Overview
This one-and-a-half storey home on a standard city lot in Winnipeg's Jefferson neighbourhood presents a straightforward, no-frills opportunity. Built in 1952, it is notably newer than many comparable homes on its street and in the immediate area. With 884 square feet of living space and an unrenovated basement, it is a compact property. Its assessed value is modest and in line with local norms. The home features a detached garage and sits on a lot just over 5,000 square feet. Its core appeal lies in its position as an affordable, entry-level property in an established area, offering a manageable footprint for the right buyer. It would best suit a first-time homebuyer, an investor looking for a rental property, or someone seeking a low-maintenance, utilitarian home with potential for future updates. A less obvious perspective is that its newer construction date (for the area) could mean fewer immediate concerns with outdated infrastructure common in much older homes, while its smaller size translates to lower utility costs and less space to maintain.
Key Details & FAQs
What are the key characteristics of 639 Mcadam Avenue?
It is a 74-year-old, one-and-a-half storey house with 884 sq ft of living space, an unrenovated basement, a detached garage, and a 5,275 sq ft lot. It is assessed at $28,400.
Where does its main appeal lie?
Its appeal is primarily its affordability and function as an entry-point into the housing market. It is a simpler, manageable property in an established neighbourhood, with a construction date that is relatively newer than its direct neighbours.
Who would this property suit best?
It would suit a budget-conscious first-time buyer, a hands-on investor, or someone looking to downsize into a low-maintenance home without the premium of modern renovations.
How does it compare to other homes nearby?
The data shows it is a smaller-than-average home for its street but sits on an average-sized lot. Its assessed value is typical for the Jefferson area, and it is actually a newer build compared to many homes on Mcadam Avenue.
What is not included or finished?
The basement is noted as being present but unrenovated, meaning it is likely in a rough or utility-only state. The home also does not have a swimming pool.