Property Overview: 279 Matheson Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-three-quarter storey home on Matheson Avenue is a classic Winnipeg property, built in 1913. With 1,024 square feet of living space and a 3,624 sqft lot, it presents a more compact and manageable footprint compared to many modern homes. It features a detached garage and a basement that is noted as being unrenovated.

Its primary appeal lies in its position as an accessible entry point into the Jefferson neighborhood. The assessed value is notably below averages for the street, area, and city, suggesting a potentially lower price point for a buyer. This makes it a candidate for value-conscious purchasers, such as first-time home buyers or investors looking for a rental property, who are willing to take on a home that likely requires updates. The older character and smaller scale could also suit those looking to minimize their living space and maintenance footprint. A thoughtful perspective is that a home of this age and size in a mature neighborhood often comes with established trees and a sense of community history that newer subdivisions lack, though it equally implies a need for careful inspection of its century-old systems and structure.

Section 2: Frequently Asked Questions

1. What does "below average" for assessed value really mean for a buyer?
It indicates the city's valuation for tax purposes is lower than most comparable homes. This can suggest a more affordable purchase price, but it often correlates with the home's age, condition, or smaller size. It’s a useful starting point for understanding market position, not a direct appraisal of sale price.

2. The home is smaller than area averages. Is that a disadvantage?
Not necessarily. While living area is below local averages, it translates to lower utility costs, less space to maintain, and a cozier layout. It suits individuals, couples, or small families who prioritize efficiency and affordability over square footage.

3. The basement is noted as "not renovated." What should I consider?
This means the basement is in original or utilitarian condition. Budget for potential updates if you desire finished living space. However, an unrenovated basement also provides a clear canvas and allows you to inspect the foundational structure without finished walls hiding potential issues.

4. How significant is the 1913 build date?
It signifies considerable character and solid, old-growth construction, but also warrants a particularly thorough inspection. Key focus areas should include the roof, plumbing, electrical wiring (which may need updating), insulation, and the foundation for a home of this vintage.

5. The sold price history shows a range. How can I get the exact figure?
The exact sale prices are not publicly listed in detail. As noted on the listing, you can request the precise sold price history by emailing the provided service. They manually provide the data without using your email for marketing.