Property Overview: 775 Jefferson Avenue, Garden City, Winnipeg
Key Characteristics & Appeal
This one-storey home, built in 1959, presents a practical and value-conscious opportunity in Winnipeg's Garden City neighborhood. Its key appeal lies in a balanced offering: a renovated basement adds modern living space to the 1,066 sqft main floor, while the property’s standout feature is a notably large 6,378 sqft lot—ranking in the top 7% for land size on its street. This generous outdoor space offers significant potential for gardening, recreation, or future expansion. With a detached garage and living space that is average for the immediate area, the home avoids extremes, positioning itself as a sensible, grounded purchase rather than a luxury offering.
The property would suit first-time buyers or downsizers looking for a manageable single-level layout with the bonus of a finished lower level. It’s also a fit for buyers who prioritize land size over a large house footprint, seeing value in the lot's potential. The assessed value is below the neighborhood average, which may attract investors or renovators looking for a home with a solid foundation and a renovated basement already in place, allowing them to focus on the main floor or the considerable yard.
Frequently Asked Questions
1. How does the property’s size compare to the area?
The living space is average for Jefferson Avenue but below the broader Garden City average. The true advantage is the land, which is significantly larger than most lots on the street and in the neighborhood.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finishes, permits, and whether it includes a separate entrance or additional bedrooms.
3. Is the sold price history reliable?
The listed sold price range is based on public data. For the exact sale price, you must request it directly from the site, as they manually verify and provide this detail via email.
4. Who might this property not suit?
It may not suit those seeking a modern, open-concept home, as the main floor is modest and typical of its era. Buyers needing extensive above-grade square footage or a brand-new build might find it limiting.
5. What is the context for the assessed value?
The assessed value is below the Garden City average. This doesn’t necessarily reflect market value but can indicate a potentially lower property tax burden relative to other homes in the wider area.