Property Summary: 285 Hartford Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1955, situated on a standard-sized lot in the Jefferson neighbourhood. Its key feature is a renovated basement, adding valuable finished space to the 832 sqft main floor. The home has a detached garage. Market data indicates its living area is modest compared to most local and city-wide homes, but its assessed value is consistent with the immediate area. Its appeal lies in its practicality and relative affordability within the Winnipeg market. It represents a straightforward, lower-maintenance property with the added benefit of a modernized lower level.
This home would suit first-time buyers seeking an entry point into homeownership, or downsizers looking for a manageable property without a large yard or complex upkeep. Investors may also see value in its stable, average assessment for the street and its potential as a rental property. A thoughtful perspective is that while the house itself is smaller, its "around average" standing on its own street for value and land size suggests it fits comfortably within a stable, established community context, which can be more important than city-wide comparisons.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 832 sqft of living area, the home is below the average size for both the Jefferson area and Winnipeg overall. However, the renovated basement provides additional functional space.
2. What does the assessed value tell me?
The assessed value of $27,800 is around the average for Hartford Avenue itself, suggesting the property is priced consistently within its immediate neighbourhood block.
3. Is the lot size typical?
Yes. The 5,173 sqft lot is very close to the average for both the street and the Jefferson neighbourhood.
4. When was it last sold, and for how much?
Public records indicate a sale between $20,500 and $23,500 in February 2016. An exact sale price can be provided upon request.
5. What are the obvious pros and cons?
The main advantages are the renovated basement, detached garage, and a lot size that offers yard space without being overwhelming. The primary consideration is the compact main living area, which is smaller than many contemporary homes.