Property Overview: 639 Matheson Avenue

Key Characteristics & Appeal

This is a well-positioned, one-storey home in Winnipeg's Jefferson neighborhood. Built in 1952, it is notably newer than many homes on its street and in the immediate area, which can be an advantage for systems and upkeep. The 995 sqft living area is modest but practical, and the home features a renovated basement and a detached garage. Its standout characteristic is its assessed value of $320,000, which ranks above average for both Matheson Avenue and the wider Jefferson area, suggesting the property is viewed favorably relative to its local peers. The lot size is a comfortable 5,397 sqft, offering good outdoor space for the neighborhood.

The appeal lies in its established, quiet setting with the benefits of a more recent build date and recent updates below grade. It suits first-time buyers or downsizers looking for a manageable, single-level layout in a mature community. A thoughtful perspective is that its above-average assessment for the area could indicate a history of improvements or a particularly desirable lot, potentially providing a stable foundation for value in a neighborhood of older homes.

Frequently Asked Questions

1. How does the living space compare to other homes?
At 995 sqft, the living area is slightly below the city-wide average but is quite typical and functional for the Jefferson area, making it a manageable size for maintenance.

2. Why is the assessed value higher than the area average?
The assessed value of $320,000 ranks in the top 30% for Jefferson. This often reflects factors like the renovated basement, the home's younger age relative to neighbors, and its above-average lot size for the area.

3. What does the sold price history indicate?
Public records show sales in 2020 at significantly lower price points. This historical data primarily highlights the strong market appreciation over recent years and underscores the importance of a current market evaluation.

4. Is the detached garage a plus?
Yes. A detached garage provides valuable storage or workshop space separate from the house and is often preferred in older neighborhoods where attached garages are less common.

5. Who would this home be best for?
It's an excellent fit for buyers seeking a move-in ready, single-level home in a no-fuss, established neighborhood. Its scale and updated features are particularly suited to those looking to simplify without compromising on outdoor space or a stable community setting.