Property Overview: 347 Hartford Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a solid, no-fuss home in Winnipeg's Jefferson neighborhood. Built in 1954, it’s a one-storey house with a renovated basement, a detached garage, and sits on a standard-sized lot. With just over 1,000 square feet of living space, its size is typical for the area. The data shows it consistently ranks as "around average" compared to homes on its street, in Jefferson, and across the city for living area, land size, and assessed value. Its primary appeal lies in this very averageness—it represents a straightforward, manageable entry into the Winnipeg housing market without major surprises. The renovated basement adds functional living space and is a key practical upgrade.

This property would suit first-time buyers or practical-minded investors looking for a stable, uncomplicated asset. It’s for someone who values a predictable footprint and a move-in-ready basement over standout luxury or expansive size. A thoughtful perspective is that its consistent "middle-of-the-pack" metrics suggest a lower risk of overpaying relative to the immediate area, offering a sense of financial stability. It’s a home for living, not for spectacle.

Section 2: Frequently Asked Questions

1. What does "around average" in the rankings really mean for a buyer?
It means the home's key metrics (size, value, lot) are very typical for its context. You're not getting an unusually large lot or a newly built home, but you're also not buying the smallest or most dated house on the block. It indicates a balanced, market-aligned purchase.

2. The assessed value is listed around $30k, but sold prices are higher. Why?
The municipal assessed value for tax purposes is often significantly lower than the current market value. The sold price history shows actual market transactions, which are a more accurate gauge of what buyers have recently paid for similar properties.

3. What are the pros and cons of a detached garage?
A detached garage offers flexibility—it can be used as a workshop or project space without affecting the main house. The downside is dealing with winter weather when going between your car and home.

4. How significant is having a renovated basement?
In a one-storey home, a finished basement effectively doubles your usable living space. It’s a major functional benefit, providing room for a family room, home office, or extra bedrooms that the main floor may not have.

5. The home was built in 1954. What should I be mindful of?
While the basement is renovated, it's wise to have a standard inspection focus on the core systems of a 70-year-old house: the foundation, plumbing, electrical wiring, and roof. These may be original or nearing the end of their service life, even if the living spaces are updated.