Property Overview
270 Perth Avenue is a one-storey home in Winnipeg's Jefferson neighbourhood, built in 1948. It offers 1,042 sqft of living space, a renovated basement, and a detached garage on a 5,575 sqft lot. Its assessed value places it above average for its immediate area. The home last sold in August 2020.
Key Characteristics & Appeal
This property presents a practical, grounded opportunity in a well-established area. Its core appeal lies in its balance of space, updates, and lot size. The renovated basement adds functional living area, a valuable asset in a one-storey layout, while the detached garage and above-average lot size for Jefferson provide useful outdoor and storage space. The home’s assessed value ranking suggests it may be perceived as having better condition or features than many immediate peers.
It would suit first-time buyers or downsizers looking for a manageable single-level layout with modernized basics. The generous lot also offers potential for gardeners, those seeking outdoor privacy, or future expansion, subject to approvals. A thoughtful perspective is that while the home is older, its above-average assessment for the street could indicate prudent past updates or a solid foundation, potentially offering a move-in-ready option without the premium of a newly built home.
Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The assessed value is for municipal tax purposes and is not a direct market appraisal. Market value is determined by current buyer demand, recent sales of comparable homes, and the property's condition. The last known sale was in 2020.
2. What does "renovated basement" specifically include?
The listing notes a renovated basement but does not provide details on the scope, quality, or permits. A buyer should verify the work done, its intended use (e.g., additional living space, rental suite), and ensure all renovations meet current building codes.
3. What is the typical character of the Jefferson neighbourhood?
Jefferson is a mature neighbourhood with homes primarily from the early-to-mid 20th century. It offers a central location. Prospective buyers should explore the specific block and nearby amenities to gauge the fit for their lifestyle.
4. Are there any concerns with a home built in 1948?
As with any home of this age, the condition of major systems (roof, plumbing, electrical, foundation) should be a priority for inspection. The renovated basement should be checked for proper moisture control and insulation.
5. Where can I find exact historical sale prices?
The exact sold price history is not publicly displayed in detail. The listing service offers to provide this information manually via email request, as noted in the property details.