Property Overview: 899 Jefferson Avenue, Garden City, Winnipeg
This one-storey home on a spacious lot presents a practical opportunity in the established Garden City neighbourhood. Its appeal lies in offering above-average living space and a renovated basement within a solid, no-frills package. The home suits first-time buyers seeking a manageable footprint, downsizers looking for single-level living without a condo fee, or investors interested in a property with recent updates in a stable area.
A closer look reveals a property that outperforms many of its immediate neighbours on Jefferson Avenue in terms of living space, lot size, and assessed value, suggesting it is a relatively strong offering on its specific street. However, its lot size is smaller than the Garden City average, indicating a more compact yard compared to others in the wider neighbourhood—a trade-off for less exterior maintenance. The renovated basement adds functional living area, a key asset not reflected in the main floor square footage.
Key Details & FAQs
- Style: One-Storey House
- Year Built: 1962
- Living Area: 1,271 sq ft
- Land Area: 5,671 sq ft
- Basement: Yes, Renovated
- Garage: Attached
- Last Sold Price (Aug 2023): $355k - $385k
- Current Assessed Value: $355k
Frequently Asked Questions
1. How does this home compare to others in the area?
The home offers more living space than most comparable houses on Jefferson Avenue itself and has an above-average lot size for the street. Within the broader Garden City neighbourhood, its living space is competitive, though the lot is more modest than the area average.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key point to clarify with the selling agent to understand the quality of the renovation and how the space can be used.
3. Is the price reasonable based on recent sales?
The home last sold in August 2023 for between $355,000 and $385,000. Its current assessed value is $355,000. A buyer should investigate recent sales of similar, updated bungalows in Garden City from the last 3-6 months to gauge the current market value.
4. What are the implications of a 1962 build date?
Built in 1962, the home is of a vintage where major components like the roof, windows, plumbing, or electrical systems may be nearing or due for replacement if they haven't been updated. A thorough home inspection is highly recommended.
5. Who would this property best suit?
It's well-suited for buyers seeking single-level living, such as first-time homeowners or downsizers. The renovated basement adds flexible space for a family room, home office, or guest area. The attached garage and manageable lot size also appeal to those wanting minimal exterior upkeep.