Property Overview
This two-storey home at 291 Mcadam Avenue in Winnipeg's Jefferson neighborhood presents a solid, above-average offering in several key areas. Its primary appeal lies in its generous 1,506 sqft living space, which ranks within the top 18% of homes on its street and the top 6% within Jefferson itself, providing more room than most local comparables. The home sits on a standard 4,810 sqft lot and features a detached garage and a renovated basement. Built in 1944, it is a character home of its era, but its modernized lower level adds contemporary functionality. The assessed value suggests it is positioned above average for the immediate area.
This property would suit practical buyers looking for a home with verified space advantages in the neighborhood, who appreciate the blend of classic structure with updated living areas. It's a sensible choice for those comparing value within Jefferson, where it stands out for its size relative to local norms, rather than seeking a city-wide standout.
Frequently Asked Questions
How does the home's size truly compare to others?
The living area is a key strength. It's notably larger than the average home on Mcadam Avenue (1,184 sqft avg.) and significantly larger than the Jefferson neighborhood average (1,029 sqft avg.).
Is the assessed value high?
The assessed value is above the local averages for both the street and the Jefferson area. City-wide, however, it sits around the middle, indicating its value is very specific to its desirable location within Jefferson.
What does the sold price history indicate?
The available sold price ranges from 2017 and 2019 show consistency and are in line with the above-average assessed value for the area. This suggests stable market recognition for the property.
Is a 1944-built home a concern?
The year of build is typical for the street but is below the neighborhood and city averages. This isn't uncommon for established areas and indicates a character home; the renovated basement is a positive update addressing modern needs.
How does the lot size impact the property?
The land area is very close to the averages for the street, neighborhood, and city. This isn't a property highlighted for an exceptionally large or small lot, but rather offers a standard urban parcel.