Property Overview

This two-storey home on Matheson Avenue presents a practical opportunity in Winnipeg's Jefferson neighborhood. Its key appeal lies in being a functional, renovated property at a value-conscious price point. With 1,128 sqft of living space, it sits around the average size for the area, offering comfortable room for a small household. A recently renovated basement adds modern, usable space. The detached garage and a 3,748 sqft lot provide essential outdoor and storage utility.

The home suits first-time buyers or investors looking for an entry into the market with immediate livability, without the premium price of a larger or newer build. Its assessed value is notably below area averages, which can be attractive for those seeking lower property taxes or a renovation project with a solid foundation. A thoughtful perspective is that while the 1914 build date means higher maintenance vigilance is needed, it also offers the character and solid construction of an older home, already updated in key areas. The lot, while smaller than some, is manageable and low-maintenance.

Frequently Asked Questions

1. How does the home's value compare to the neighborhood?
The property's assessed value is consistently below the average for Matheson Avenue, the Jefferson area, and Winnipeg citywide. This suggests a potentially lower property tax burden and a price point that may be more accessible than many comparable listings.

2. What should I know about the age of the home?
Built in 1914, the home is older than most in its immediate area. While the renovated basement addresses a key area, prospective buyers should budget for and inspect the condition of major aging components like the roof, plumbing, and electrical systems.

3. Is the lot size a limitation?
At 3,748 sqft, the lot is below average for the street and city. This means smaller outdoor spaces but also less yard work. It's a practical size for a patio, garden, and children's play area without being overwhelming to maintain.

4. What does the recent sale history indicate?
The home sold in March 2024. The sale price range provided, combined with the current assessed value, can help gauge the local market's activity and pricing trends for similar, character homes.

5. Who would this property suit best?
It's an ideal fit for first-time homebuyers, downsizers, or practical investors seeking a home with recent renovations in a central location. Its value positioning makes it a sensible choice for those comfortable with the upkeep of an older home in exchange for a more affordable entry point.