Property Overview: 263 Smithfield Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Smithfield Avenue in the Jefferson area presents a solid, grounded opportunity. Built in 1948, it features 1,166 sqft of living space and sits on a notably generous lot of nearly 6,000 sqft, which ranks well above average for both the immediate street and the wider neighborhood. A key highlight is the home's renovated basement, adding functional living space, and it includes a detached garage. The assessed value is strong for the area, placing in the top 13% in Jefferson, suggesting the property is viewed favorably relative to its peers.
The appeal lies in its balance of established character and practical updates within a mature neighborhood. The above-average lot size is a significant asset, offering valuable outdoor space and potential in a city context. This isn't a brand-new showcase home, but a property with honest metrics that indicate good standing in its community. It would suit a first-time buyer or a downsizer looking for a manageable footprint without sacrificing yard space, or an investor attracted by the stable, above-average assessment in the area. A thoughtful perspective is that while the living space is functionally sized, the true premium here may be the land itself—a less replaceable commodity in an established area.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is in the top 13% for the Jefferson area, indicating it is considered above average compared to similar local properties. Historical sold price data for the home itself from 2017 falls within a typical range for its assessed value.
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 detail to verify through a viewing or direct inquiry to understand the quality and functionality of the space.
3. Is the lot size a significant advantage?
Yes. At 5,933 sqft, the lot ranks in the top 18% on Smithfield Avenue and the top 11% in Jefferson, meaning it is substantially larger than many neighboring properties. This allows for more private outdoor space, gardening potential, or future expansion subject to zoning.
4. What are the implications of a "detached" garage?
A detached garage offers flexibility and can reduce noise or fumes from entering the main house. However, it may be less convenient during Winnipeg winters compared to an attached structure. Its condition and size should be assessed during a viewing.
5. How can I find out the exact historical sold prices?
The exact sold prices are not published publicly. As noted on the detail page, you can request this information directly via email from the source, which provides it manually without using your email for unsolicited marketing.