Property Summary: 432 Jefferson Avenue

Section 1: Key Characteristics & Appeal

This one-storey home on Jefferson Avenue is a compact, renovated property built in 1949. With 912 sqft of living space and a detached garage, it sits on a standard city lot of just over 4,000 sqft. The home’s key appeal lies in its recent basement renovation and its strong position within its immediate neighborhood. The data shows its assessed value ranks well above average for both Jefferson Avenue and the broader Jefferson area, suggesting it is viewed favorably compared to its local peers. However, its living space and lot size are below the city-wide average, indicating a more modest footprint.

This property would suit first-time buyers or downsizers seeking a manageable, updated home in an established area without the maintenance of a larger house. It’s a practical choice for someone whose lifestyle is focused more on the neighborhood than on expansive indoor space. A thoughtful perspective is that this home represents value through efficient use of its space and lot, offering renovated comforts while keeping property taxes relatively grounded due to its modest assessed value compared to the city median.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others nearby?
Its assessed value is in the top 28% on its own street and the top 13% within the Jefferson area, meaning it is officially valued higher than most comparable homes nearby. City-wide, its value is around the median.

2. Is the living space smaller than average?
Yes. At 912 sqft, the living area is below the Winnipeg average. However, for the Jefferson Avenue area specifically, it is closer to the typical size, ranking near the average.

3. What does the sale history indicate?
The home sold previously in 2017 and again in 2023. The 2023 sale price range shows an increase from the 2017 range, consistent with the above-average assessed value for the area.

4. What are the less obvious considerations?
The home was built in 1949, so while the basement is renovated, a buyer should still consider the condition of major aging components like the roof, plumbing, and wiring. The lot size is also below average for the city, which limits expansion potential but may mean less yard upkeep.

5. How can I find out the exact past sale prices?
The listing service provides sold price ranges. To obtain the exact sale figures, you must request them directly via email, as they manually provide this detail to verified users.