Property Overview
This two-storey home at 299 Hartford Avenue in Winnipeg's Jefferson neighborhood presents a practical opportunity. Built in 1954, it offers 1,310 sqft of living space, which is notably above average for both its immediate street and the Jefferson area. The property includes a detached garage and a full, unrenovated basement on a 3,980 sqft lot. Its current assessed value is positioned below average for the city, suggesting potential value relative to its living space.
Key Characteristics & Appeal
The primary appeal of this home lies in its efficient use of space. It offers more living area than many comparable homes in Jefferson, providing a sense of roominess within a manageable footprint. The detached garage adds functional value for vehicle storage or workshop space. Its appeal is grounded in practicality rather than luxury, suited for buyers who prioritize square footage and foundational features over modern finishes.
This property would be a strong match for a first-time homebuyer or an investor comfortable with a property that has an unrenovated basement, viewing it as a blank canvas for future updates. It’s also suitable for those seeking a home in a established neighborhood without a premium price tag, as the below-average assessed value for the city indicates a potentially accessible entry point. A less obvious perspective is its appeal to buyers who value statistical "outperformance" in key areas—owning a home that ranks well above its local peers in living space can offer a sense of smart value in a mature market.
Frequently Asked Questions
1. What does "above average" for living area actually mean?
In direct comparison to similar homes on Hartford Avenue and in the wider Jefferson area, this house offers more square footage than most. Specifically, it ranks in the top 16% on its street and top 13% in the neighborhood for living space.
2. Is the basement usable in its current state?
The listing specifies the basement is "not renovated." It is a full basement, so it provides substantial storage or utility space, but any finished living area would require investment and renovation.
3. Why is the assessed value below the city average?
The assessed value of $27,200 is below the cited city-wide average for comparable homes. This can be influenced by the home's age, the specific market conditions in Jefferson, the condition of the basement, and the lot size, which is also below the city average.
4. How does the lot size compare?
At 3,980 sqft, the lot is moderately sized. It is around average for Hartford Avenue but below the average lot size for both the Jefferson neighborhood and the city of Winnipeg as a whole.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. The property detail page provides an option to request the exact sold price history via email from the website, which they provide manually without using your email for marketing.