Property Overview: 373 Matheson Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home on Matheson Avenue in the Jefferson area stands out for its generous proportions and established neighbourhood setting. Its primary appeal lies in its significant living space—over 2,000 square feet—which ranks it within the top 6% of homes on its own street and the top 1% within the Jefferson area. This suggests a home that offers ample room for family life, entertaining, or flexible use of space. The basement has been renovated, adding functional living area, and the property includes a detached garage.

Built in 1951, the home is newer than many in its immediate vicinity, potentially indicating updates or a different architectural era than neighbouring properties. While the lot size is fairly typical for the area, the home’s assessed value is notably above average for both the street and Jefferson, reflecting its desirability within this specific context. Recent sale activity on the street suggests a stable, active neighbourhood.

This property would best suit buyers looking for a spacious, established home without venturing into newer suburban developments. It’s ideal for those who prioritize interior square footage over a massive yard and appreciate the character and maturity of a neighbourhood like Jefferson. It represents a solid, above-average offering within its local market rather than a city-wide luxury property.

Section 2: Frequently Asked Questions

1. How does the home’s size compare practically?
At 2,064 sqft of living area, this home is substantially larger than the typical Jefferson area home (which averages about 1,029 sqft). This means significantly more room than most nearby properties, offering potential for larger families, dedicated home offices, or multiple living areas.

2. The assessed value seems high for the street but average city-wide. Why?
The assessment is "above average" or "elite" for Matheson Avenue and Jefferson because it outperforms most homes in those specific groups. City-wide, it falls around the middle, which is common for a solid, spacious home in an established neighbourhood when compared to all property types across Winnipeg.

3. What does the 1951 build year imply?
In this context, a 1951 build is actually newer than many homes on the street (average year built 1939). This could mean construction methods or design from a later post-war period, and potentially less concern over some aging components found in much older homes.

4. Is the detached garage a drawback?
This depends on preference. A detached garage offers flexibility (e.g., for a workshop) and can reduce noise in the house. However, it requires going outdoors in winter, which is a consideration for some buyers compared to an attached garage.

5. How current is the price history provided?
The sold price range shown is from August 2024. For the exact, verified sold price, you must request it via email from the source. This is a common practice to ensure accuracy and compliance with data distribution rules.