Property Overview: 365 Hartford Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on Hartford Avenue in the Jefferson neighbourhood presents a practical and straightforward opportunity. Built in 1954, it sits on a generous 5,269 sqft lot, offering above-average outdoor space for the area. The 1,114 sqft living area is competitively sized for the street and neighbourhood, and the home features a renovated basement and a detached garage.

Its primary appeal lies in its solid positioning as an average-to-above-average property within its immediate context. The data shows it consistently ranks well against direct neighbours in Jefferson for lot size, living space, and year built, suggesting a home that holds its own in a stable area. The renovated basement adds modern, functional space without the premium of a fully updated main floor. This is a home for value-conscious buyers—perhaps first-time homeowners, downsizers, or practical investors—who prioritize a good lot size and functional layout over high-end finishes. It suits someone comfortable with a home from the 1950s who sees potential in the existing renovation and the ample yard.

A less obvious perspective is the advantage of its "average" metrics. In a well-established neighbourhood like Jefferson, a home that isn't an outlier can mean more predictable maintenance costs and a smoother resale process, as it aligns with local expectations. The detached garage also offers flexibility for storage, a workshop, or future conversion.

Section 2: Frequently Asked Questions

1. What is the actual recent sold price?
The available public data indicates a sale in July 2019 in the range of $22.5k to $25.5k. For the exact sale price, you can request it via email from the listing source, as they maintain accurate records.

2. How does this home compare to others nearby?
The home is consistently around or above the neighbourhood average for key features. Its lot size and living area rank in the top 34-41% in Jefferson, meaning it's larger than many comparable local homes. Its year built (1954) is newer than about 81% of Jefferson homes.

3. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but the specific scope and quality of finishes (e.g., flooring, ceilings, legal egress) are not detailed. This would be a key point for a home inspection and discussion with the seller.

4. Is the assessed value a good indicator of the market price?
The assessed value for taxation purposes is $29.5k. It's important to note that this is not a market appraisal. Market value is determined by recent sales of similar homes, current condition, and buyer demand. The assessed value is useful for understanding property taxes but should not be relied upon as a sale price.

5. What are the implications of a 1954 build?
A home of this age will likely have original or older components, such as the roof, windows, plumbing, and electrical systems. While the basement has been renovated, the condition of these major systems in the main structure should be carefully evaluated. On a positive note, homes from this era in established neighbourhoods often feature solid construction and mature landscaping.