Property Overview: 284 Perth Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1946, presents a practical and straightforward opportunity in Winnipeg's Jefferson neighbourhood. With 1,120 square feet of living space and a recently renovated basement, it offers a functional layout on a standard city lot of approximately 4,700 sqft. The home lacks a garage or pool, keeping maintenance considerations simpler.
Its primary appeal lies in its value positioning and practicality. The assessed value is notably below the citywide average, suggesting a potentially accessible entry point into the market. The renovated basement adds immediate usable space without the need for a primary project. While the home's age and features are very typical for its immediate street and area, it stands out for being a citywide value proposition.
This property would best suit first-time buyers, downsizers, or practical investors seeking a no-frills, liveable home without a premium price tag. It’s for someone comfortable with a home of this vintage and who prioritizes functional space and lot size over modern finishes or extra amenities. A thoughtful perspective is that its "average" metrics within the neighbourhood indicate stability and predictability, not standing out in a way that might command a unusual premium or discount compared to immediate peers.
Frequently Asked Questions
1. What is the exact sold price history?
The public data shows a sale in June 2020 in the range of $215,000 to $245,000. For the precise sale price, you can request the exact history via email from the listing source; they provide this manually.
2. How does the assessed value compare?
At $295,000, the assessment is around average for both Perth Avenue and the Jefferson area, but it falls below the average assessed value for the entire city, highlighting its relative value in a wider context.
3. What should I know about the home's age?
Built in 1946, the home is typical for its street but is considered below average in age compared to both the wider Jefferson area and Winnipeg overall. Buyers should budget for maintenance consistent with an 80-year-old home.
4. Is the lot size a pro or con?
At just under 4,700 sqft, the lot is very standard—it's not unusually large or small for the area. It provides typical backyard space but doesn't offer extra redevelopment potential or excessive yard maintenance.
5. Who are the most comparable nearby properties?
The most direct comparisons are the homes immediately adjacent on Perth Avenue. For value comparison, homes in other neighbourhoods with a similar $295,000 assessment (like some in Varsity View or Roblin Park) could be considered, though they may differ significantly in style, size, and location.