Property Overview: 276 St Anthony Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the Jefferson neighbourhood is a compact, no-fuss property built in 1948. With 728 sqft of living space, it is notably smaller than average for the area, positioning it as a true starter home or a downsizing opportunity. Its key updated feature is a renovated basement, adding functional space. The lot is a standard city size at 4,700 sqft and includes a detached garage.
The appeal lies in its simplicity and affordability. The recently renovated basement is a significant practical advantage, offering immediate utility without the need for initial projects. Its assessed value is very modest and typical for the immediate street and Jefferson area, suggesting a lower barrier to entry in the Winnipeg market.
This home would best suit a first-time buyer comfortable with a smaller footprint, an investor looking for a straightforward rental property, or someone seeking a low-maintenance living situation without modern complexities. It’s a practical choice for those whose priority is economic entry into homeownership rather than ample space or modern design.
Section 2: Frequently Asked Questions
1. Is the house significantly smaller than others nearby?
Yes. At 728 sqft, the living area is below average for St. Anthony Avenue, the Jefferson neighbourhood, and Winnipeg overall. This is the home's most defining characteristic.
2. What does "renovated basement" likely mean here?
Given the home's age and overall value, this typically indicates essential updates have been made, such as moisture control, flooring, and finishes to create a clean, usable living or storage space. It's a key functional upgrade for a home of this era.
3. How does the assessed value compare?
The assessed value of $27,600 is unremarkable—it's squarely average for this specific street and the Jefferson area. This suggests the property is priced in line with its immediate peers, not under or over-valued based on municipal assessment.
4. Who might this property not suit?
It may not suit buyers who need multiple bedrooms, dedicated home office space, or who prefer open-concept modern layouts. The smaller, segmented floor plan of a 1948 one-storey requires efficient use of space.
5. What is the context of the last sale price?
The home sold in February 2021 for an estimated $21.5k-$24.5k. This historical price underscores the property's position in the affordable segment of the market, and any current listing should be considered in light of market changes since that time.