Property Overview: 268 Perth Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Jefferson presents a practical and affordable entry point into the Winnipeg market. Its key characteristics include a renovated basement, a detached garage, and a modest 803 sqft of living space on a standard 4,107 sqft lot. Built in 1948, the home is of a typical vintage for the area.

The primary appeal lies in its value proposition and potential. With an assessed value of $290k, it sits around the average for its immediate street and neighborhood, suggesting a fairly priced offering in a stable context. The renovated basement adds functional living space, a significant asset in a smaller home. This property is ideally suited for first-time homebuyers, downsizers, or practical investors seeking a manageable footprint without major immediate renovations. It offers the chance to own a detached home with outdoor space and garage parking, which can be rare at this price point. A thoughtful perspective is that its "below average" size city-wide is actually a benefit for those seeking lower utility costs, less maintenance, and a cozier living environment, aligning with simpler, more efficient lifestyles.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others?
At 803 sqft, the living area is below the Winnipeg city average. However, it is much more typical for the Jefferson neighborhood and Perth Avenue itself, where comparable homes average about 1,055 sqft and 1,029 sqft, respectively.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $290k is a municipal valuation for tax purposes. Notably, it is very close to the average for both Perth Avenue and the Jefferson area, suggesting it is not an outlier. Recent sold price data for the area should be consulted for a more current market picture.

3. What does the sold price history show?
Public records indicate a sale occurred in October 2022 in a range around $280k-$310k. For the exact historical sold price, you can request the information directly via the listing page.

4. What are the less obvious pros and cons of a home from 1948?
A potential pro is that older neighborhoods like Jefferson often have mature trees and established community character. A consideration is that while major systems may have been updated over time, the overall infrastructure of a 78-year-old home will require diligent maintenance and inspection.

5. How does the lot size impact the property?
The lot is approximately 4,107 sqft. This is a standard city lot for the area, providing adequate private outdoor space for gardening or recreation. It is smaller than the Winnipeg average but typical for Jefferson, contributing to the neighborhood's walkable, close-knit feel.