Property Overview: 235 Perth Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the Jefferson neighbourhood presents a practical opportunity. Its primary appeal lies in its efficient, renovated basement and a living space that is notably above average for its immediate area. With 1,261 square feet of living area, the home offers more interior space than most comparable properties on Perth Avenue and in the Jefferson area. The detached garage adds functional value.
The home suits buyers looking for a straightforward, no-frills property where the value is in the usable space and recent updates below grade, rather than in premium lot size or modern construction. It’s a character home from 1922, so it appeals to those comfortable with an older structure. The assessed value is modest relative to the city-wide average, suggesting a potentially accessible entry point into the market. A thoughtful perspective is that this property represents a balance: you're acquiring more interior space than the local norm, but on a lot that is smaller than area averages. It’s a fit for the pragmatic buyer who prioritizes living square footage and updated fundamentals over exterior land space or a newer build.
Section 2: Frequently Asked Questions
1. How does the living space truly compare to other homes?
The 1,261 sqft living area ranks in the top 20% on its own street and top 18% in the Jefferson area, meaning it is genuinely larger than most direct comparable homes. City-wide, however, it is closer to the average.
2. Why is the assessed value significantly lower than some sold prices shown?
The assessed value (26.70k) is for municipal tax purposes and is not a market valuation. The sold price range from July 2024 (35.50k ~ 38.50k) reflects the actual market transaction, which is the more relevant figure for understanding current value.
3. What should I know about the "below average" rankings for Year Built and Land Area?
The home was built in 1922, making it older than over 70% of peers on its street. The lot is 3,871 sqft, which is also smaller than area averages. This highlights the property’s core offering: an older home on a modest lot, with its value focused on the renovated interior and living space.
4. What does having a renovated basement actually mean for this property?
While the listing confirms a renovated basement, specifics on finish quality, permits, or ceiling height are not provided here. This is a key point for verification during a viewing, as it represents a major part of the home's updated appeal and usable space.
5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed. As noted, you can provide your email to the listing service to request it manually. They state they do not use emails for unsolicited marketing and aim to provide the figure by the end of the same day.