Property Overview: 321 Smithfield Avenue, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home on Smithfield Avenue is a practical and well-situated property, built in 1949. With 1,078 square feet of living space, it sits comfortably around the average size for its immediate neighborhood and the wider Jefferson area. A key feature is its renovated basement, adding valuable finished space, and it includes a detached garage. The lot size of 4,744 sqft is typical for the city but is slightly more compact than others on the same street, which could mean less maintenance.

The home’s primary appeal lies in its established, no-surprises character within a mature community. Its assessed value is modest and aligns closely with nearby homes, suggesting it represents a straightforward entry point into the Winnipeg market. The recent sale in late 2022 at a price consistent with its assessment indicates a stable, transparent value history without dramatic fluctuations.

This property would best suit first-time buyers or practical downsizers looking for a manageable, updated home without premium costs. It’s for someone who values a renovated basement for extra living space or a hobby area more than a large yard. A less obvious perspective is that its "around average" metrics across the board could be a strength—it avoids the extremes of being the smallest, oldest, or most expensive on the block, offering a balanced and predictable ownership experience in a settled location.

Frequently Asked Questions

1. How does the lot size compare?
The lot is 4,744 sqft, which is very close to the Winnipeg city average. However, it is somewhat smaller than the typical lot on Smithfield Avenue itself, so outdoor space may be more intimate than some direct neighbors.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or listing agent to understand the quality and use of this additional space.

3. Is the assessed value a good indicator of the likely sale price?
The home sold for between $27.5k and $30.5k in late 2022, which aligns directly with its current assessed value of $28.10k. This recent history suggests the assessment is a reliable benchmark, but current market conditions will ultimately determine the new sale price.

4. How old is the home, and what might that mean?
Built in 1949, the home is older than many in Winnipeg. While it has a renovated basement, the age implies that core components like the roof, wiring, or plumbing may have been updated over time or could require attention. An inspection is highly advised.

5. Where can I find the exact historical sale price?
The exact sale price is not published publicly. The listing service offers to provide this precise figure via email upon request, stating they will manually retrieve the data without using your email for unsolicited marketing.