Property Overview & Appeal
This one-storey home at 298 Leila Avenue in Winnipeg's Jefferson neighbourhood presents a practical and updated living space. Its key characteristic is a renovated basement, adding valuable finished square footage to the 1,060 sqft main floor. The home sits on a standard 4,501 sqft lot with a detached garage. Built in 1959, it is notably newer than many homes in Jefferson, placing it in the top 9% for year built within the area. The assessed value is above average for Jefferson, suggesting it is a well-regarded property within its immediate context.
The appeal lies in its move-in readiness with the basement renovation, combined with the convenience of single-level living. It suits first-time buyers seeking a manageable home without a major project, or downsizers looking for a comfortable, low-maintenance layout. A thoughtful perspective is that while the living area is average city-wide, its above-average standing in the Jefferson neighbourhood for age and value indicates a solid, modernized property in a community of older homes, potentially offering better immediate livability.
Frequently Asked Questions
1. How does this home compare to others on Leila Avenue?
The data shows this home is generally around average for the street in terms of size, value, and lot size. Its standout feature on the street is the renovated basement.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes. While this home's assessment is above average for Jefferson, the actual selling price is determined by the current market. The last recorded sale was in late 2019.
3. What does the "above average" year built mean for a 1959 home?
It means that within the Jefferson neighbourhood, which has many older homes, a 1959 build date is relatively newer. This can sometimes correlate with updates in building materials or layout, but a professional inspection is always recommended.
4. Who would benefit most from the single-storey layout?
This layout is ideal for those seeking accessibility or wanting to avoid stairs, such as young families, empty-nesters, or buyers planning for long-term aging in place.
5. What are the implications of a detached garage?
A detached garage offers flexibility—it can be used as a workshop or studio without affecting the main house. However, it means going outside to access your vehicle, which is a consideration during Winnipeg winters.