Property Overview: 264 St Anthony Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1914, presenting a straightforward opportunity in Winnipeg's Jefferson neighbourhood. Its key characteristic is its modest scale, with a living area of 640 sqft that is notably smaller than most homes on its street, in the area, and city-wide. The property includes a detached garage and a basement that is present but not renovated. The lot size is also more compact than average for the city.
The appeal lies primarily in its position as an entry-point property. With a very low assessed value, it represents one of the most accessible price points in the market. It suits a specific type of buyer: those seeking absolute minimal footprint and overhead, such as first-time buyers willing to undertake a live-in renovation, or an investor looking for a basic rental property. Its age and condition mean it is not a move-in-ready home, but for the right person, it offers a chance to build equity through gradual improvement. A less obvious perspective is that its small size and lot could mean lower utility costs and less maintenance time, appealing to someone seeking a simplified lifestyle without the burden of space they don't need.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's smaller size, older age, and unrenovated condition compared to the typical Winnipeg home. It is assessed in line with similar, very modest properties in its immediate area.
2. What does "basement: yes, not renovated" typically mean?
It confirms the house has a basement, but it is in original or unfinished condition. Buyers should budget for potential moisture issues, insulation, and finishing to make it a comfortable living or storage space.
3. Who would this property be most suitable for?
It is best suited for a handy first-time homebuyer or an investor comfortable with managing a renovation. Its scale and price are not ideal for growing families or those wanting a turn-key home.
4. How reliable are the historical sold price ranges shown?
The ranges are based on available public data. For precise historical sale figures, you must request the exact data via the provided email service, as this property's sale history may not be fully detailed in public records.
5. The home is much smaller than area averages. Is that a concern?
It is the defining feature of this property. While it limits space for occupants, it also translates to a uniquely low price point for a detached house with its own lot in Winnipeg. It’s a trade-off between space and affordability.