Property Summary: 227 Hartford Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Hartford Avenue in the Jefferson neighbourhood is a compact, character property built in 1927. Its primary appeal lies in its value proposition and manageable scale. With 748 sqft of living space, it is notably smaller than area averages, positioning it as a practical, low-maintenance option. A key feature is the renovated basement, which adds functional space. The property sits on a roughly 5,000 sqft lot, which is typical for the street and offers decent outdoor space relative to the home's size. A detached garage provides additional storage or parking.
This home would best suit first-time buyers, downsizers, or practical investors seeking an entry point into the market with a renovated foundation to build upon. Its below-average assessed value and smaller footprint suggest lower property taxes and utility costs, which is a significant, less obvious advantage for budget-conscious owners. The appeal is not in grandeur, but in simplicity and potential—it’s a straightforward property for those who value function, character, and a manageable project over modern size and finishes.
Section 2: Frequently Asked Questions
1. How does the smaller living area impact daily living?
The 748 sqft layout requires efficient use of space and may not suit those needing multiple dedicated rooms. However, the renovated basement effectively expands the usable living area, making the overall footprint more practical.
2. What does the "below average" ranking for assessed value mean?
The home’s assessed value is lower than many comparable properties in Jefferson and city-wide. This typically translates to relatively lower municipal property taxes, which is a recurring annual saving.
3. Are older homes like this a concern?
Built in 1927, the home will have the typical considerations of a century-old property, such as potential for older plumbing or wiring. The renovated basement is a positive update, but a thorough inspection is always recommended to understand the condition of the core structure and major systems.
4. How does the lot size compare?
At just under 5,000 sqft, the lot is very standard for Hartford Avenue and the Jefferson area. It provides adequate private outdoor space but is not unusually large or small for the neighbourhood.
5. Where can I find the exact historical sale price?
The listed sale history shows an estimated range. The exact sale price from the last transaction is available by request directly from SaveOnHouse, as noted in the property details.