Property Overview

This one-storey home at 273 Hartford Avenue in Winnipeg's Jefferson neighbourhood presents a practical and affordable entry point into homeownership. Its key appeal lies in its straightforward, manageable scale and recent updates, positioned within a context of long-established community character.

Key Characteristics & Suitability

The home's primary characteristics are its modest, renovated basement and a functional detached garage on a standard city lot. At 836 sq ft, the living space is compact, ranking below the city average, which suggests efficiency over expansiveness. The assessed value is notably low compared to the wider Winnipeg market, indicating a very accessible price point within a mature neighbourhood.

Its appeal is grounded in affordability and simplicity. It suits first-time buyers or practical downsizers who prioritize financial accessibility and a low-maintenance footprint over size or modern amenities. A thoughtful perspective is that while the home itself is modest, it offers a stable foothold in a neighbourhood where the average home is older; this 1954 build is actually newer than many in Jefferson. This could mean fewer immediate concerns with antiquated systems compared to neighbouring properties. The renovated basement adds flexible living or storage space, which is a valuable asset in a smaller home. The property is best suited for buyers with a clear budget focus who view a home as a place to live comfortably without overextending financially, rather than as a large investment asset or a showpiece.

Frequently Asked Questions

1. Is the low assessed value a red flag?
Not necessarily. It primarily reflects the home's modest size and the neighbourhood's overall market values compared to the wider city. It is consistent with similar homes on the street and in Jefferson, indicating it's priced for its context, not due to an unseen issue.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of the finish, the permitted status of the work, and whether it includes moisture-proofing, as this is a critical area in older Winnipeg homes.

3. How does the 1954 build year compare to the area?
Interestingly, while an older home by general standards, it is above average for the Jefferson neighbourhood. This could imply relatively newer construction materials and systems than many nearby homes, which is a subtle advantage.

4. What are the implications of the smaller living area?
The 836 sq ft footprint requires efficient use of space. It will feel cozy for a family but is likely adequate for one or two people. The renovated basement effectively increases usable space, which is crucial for livability.

5. Where can I find the exact historical sale price?
The provided sold price is a range from public data. As noted on the detail page, you can request the exact sale history by emailing the site directly; they provide this verified information manually without using your email for marketing.