Property Overview: 512 St Anthony Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in the Jefferson neighbourhood presents a compelling blend of space, location, and value. Its key characteristic is its above-average living area (1,293 sq ft), which places it in the top 10% of homes on its street and the top 15% within Jefferson. This is complemented by a renovated basement and a detached garage. Built in 1953, it is notably newer than most homes in its immediate area, ranking in the elite top 4% for year built on St Anthony Avenue.

The appeal lies in its strong positional value. The home consistently performs above local averages for its living space, assessed value, and modern build date relative to its peers. It suits practical buyers looking for a move-in ready home with more interior space than is typical for the area, without paying a citywide premium. It’s an ideal fit for first-time homeowners or small families who prioritize a solid, updated foundation in a well-established neighbourhood over a brand-new build. A thoughtful perspective is that this property offers a "neighbourhood discount" on space—you get more square footage here than in many parts of the city for a comparable assessed value, which is a smart trade-off for the right buyer.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to likely market price?
The assessed value is $30,600, which is above average for both the street and Jefferson neighbourhood. However, assessed value for tax purposes is not a direct indicator of market price. The last recorded sale was between $185,000-$215,000 in late 2019, which is a more relevant benchmark, though market conditions have changed since then.

2. Is the living space efficiently laid out?
At 1,293 sq ft, the living area is generous for the area. As a one-and-a-half storey design, it likely features main-floor living areas and bedrooms on a second, potentially sloped-ceiling floor. The renovated basement adds functional space, but the overall flow is characteristic of its era.

3. What does the "above average" ranking truly mean for livability?
The rankings show you are getting a home that stands out positively within its immediate context (the street and Jefferson). This often translates to better resale appeal within the local market and more room than your immediate neighbours might have, which is a subtle but real advantage.

4. How does the lot size (5,293 sq ft) impact the property?
The land area is around the average for the street and neighbourhood. This suggests a standard urban lot with enough space for a yard and the detached garage, but not an unusually large or small parcel. It aligns with typical expectations for the area.

5. Why is the year built (1953) considered a standout feature?
On St Anthony Avenue, the average comparable home was built in 1946. Being seven years newer than the local average is significant, potentially indicating less concern with foundational aging or outdated mechanical systems common in pre-war builds, while still offering classic neighbourhood character.