Property Overview
This one-storey home at 229 Smithfield Avenue in Winnipeg’s Jefferson neighbourhood presents a practical and straightforward living opportunity. Its key appeal lies in its balance of a generous, above-average lot size with a modest, efficiently designed footprint. The home features an attached garage and a renovated basement, adding functional living space. Built in 1950, it is newer than many peers on its street, suggesting potentially fewer concerns with some aging components.
The property suits first-time buyers or downsizers seeking a manageable single-level layout without a large maintenance burden. Its value is anchored in the land; the lot is notably larger than most in Jefferson, offering room for gardening, expansion, or simply more private outdoor space—a relative rarity. While the living area is compact compared to the citywide average, it is typical for the immediate area, making it a sensible entry point into a stable neighbourhood. The assessed value is consistent with nearby properties, indicating a fair market position without premium pricing.
Frequently Asked Questions
1. How does the lot size compare to others?
The land area of approximately 5,935 sqft is a standout feature. It ranks in the top 15% on Smithfield Avenue and the top 11% within the Jefferson area, meaning you get significantly more yard space than most comparable local properties.
2. Is the living space small for a house?
At 896 sqft, the living area is slightly below the Winnipeg city average but is typical and competitive for the Jefferson neighbourhood. It represents a more efficient, easier-to-maintain layout that keeps utility costs manageable.
3. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This should be a key point of inquiry during a viewing to understand the quality of the renovation and how the space can be utilized.
4. How is the property valued compared to recent sales?
The home sold in September 2022 for between $265,000 and $295,000. Its current assessed value is $292,000, which is around average for the street and neighbourhood. This suggests stable, incremental growth in line with the local market.
5. What are the less obvious advantages of a 1950s build?
While newer than many homes on the street, a 1950s construction often means simpler, more robust building techniques and potentially easier renovations than very old homes. However, it also falls into an era where original wiring or plumbing may need inspection, so a thorough home inspection is recommended.