Property Summary: 409 Smithfield Avenue, Winnipeg

Section 1: Overview & Appeal

This is a compact, one-storey home built in 1947, situated on a standard-sized lot in the Jefferson area. Its key characteristic is its modest scale, with a living area of 652 sqft that is notably smaller than most homes in Winnipeg. The home features a renovated basement and a detached garage.

The primary appeal lies in its affordability and manageability. With an assessed value significantly below the city average, it represents a lower barrier to entry into the housing market. The renovated basement adds functional living space, making the home feel larger than the main floor square footage suggests. It’s a property that prioritizes practicality and essential shelter over size.

This home would best suit first-time buyers, downsizers, or investors seeking a straightforward, low-maintenance property. It’s for someone who values financial efficiency and a simpler footprint over expansive rooms. A thoughtful perspective is that its smaller size and average lot for the neighborhood could mean lower utility costs and less time spent on upkeep, offering a different kind of luxury: time and financial breathing room.

Section 2: Frequently Asked Questions

1. Is the house too small?
At 652 sqft on the main floor, it is compact. However, the renovated basement provides additional finished space, which helps offset the smaller main living area. It’s a lifestyle choice suited to those comfortable with efficient use of space.

2. Why is the assessed value so much lower than the city average?
The assessed value is closely aligned with averages for the immediate street and Jefferson area, reflecting local market conditions. The significant difference from the city-wide average is largely due to the home's smaller square footage compared to the typical Winnipeg house.

3. What does the "below average" ranking for living area mean?
This statistical comparison shows that this home's interior space is smaller than most comparable properties in its peer group, whether looking just at Smithfield Avenue, the wider Jefferson area, or Winnipeg as a whole. It’s a quantitative confirmation of the home's compact nature.

4. What are the implications of a 1947 build date?
Built 79 years ago, the home is of a similar vintage to many in its immediate area. This typically means potential for character but also underscores the importance of a thorough inspection to understand the condition of aging components like plumbing, electrical, and the foundation, alongside the noted renovations.

5. How reliable are the sold price ranges shown?
The listed price ranges are estimates based on public data. To obtain the exact historical sale price, you must request it directly via the provided email service. This manual verification step ensures accuracy, as automated public records can sometimes be imprecise.