Property Overview
This one-storey home at 293 Hartford Avenue in Winnipeg's Jefferson neighbourhood presents a compact, no-frills opportunity. Its key appeal lies in being an affordable entry point into the housing market. With 732 sqft of living space, it is notably smaller than most area homes, but it features a renovated basement and a detached garage. The lot is a manageable 3,980 sqft. Built in 1948, it is a classic post-war property that last sold in 2021.
This home would suit first-time buyers, investors, or downsizers seeking a straightforward, low-maintenance property without a large mortgage. Its below-average size and assessed value mean lower property taxes and utility costs, which is a significant, practical advantage. The renovated basement adds functional living space, making the smaller main floor more workable. It’s a property for those who value financial accessibility and simplicity over square footage.
Frequently Asked Questions
1. Is the house particularly small?
Yes. At 732 sqft, the living area is significantly below the average for Jefferson (1,029 sqft) and Winnipeg overall (1,342 sqft). This makes it one of the more compact homes in the city.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or rooms. A prospective buyer should verify the quality, permits, and whether it includes a legal suite or additional bedrooms.
3. How are the property taxes likely to compare?
With an assessed value of $26,500—well below the city average—the municipal property tax bill should be relatively low, which is a key ongoing cost saving.
4. What is the neighbourhood like?
Located in Jefferson, it's a mature, established area. The very close proximity of similar homes on Hartford and Belmont Avenues suggests a tight-knit, traditional street.
5. Why is the city-wide average assessed value so much higher?
The $390k city-wide average includes all home types, sizes, and neighbourhoods. This property's assessment reflects its specific characteristics as a smaller, older home in Jefferson, providing a more realistic picture of its value and tax basis.