Property Overview
This two-storey home at 303 Matheson Avenue in Winnipeg's Jefferson neighbourhood presents a solid, renovated living space on a standard city lot. Built in 1947, it offers 1,408 sqft of living area, which is notably spacious for the immediate area, and features a renovated basement and a detached garage. The assessed value positions it as an average offering on its street but an above-average one within Jefferson, suggesting a good value proposition within the local context.
Key Characteristics & Appeal
The primary appeal of this property lies in its above-average interior space for the Jefferson area and the move-in readiness afforded by the renovated basement. It’s a home that offers practical, comfortable living without extreme peaks or valleys in its metrics. It sits on a manageable 5,075 sqft lot, typical for the street, and benefits from a detached garage.
This home would suit first-time buyers or downsizers looking for a straightforward, renovated property in a stable neighbourhood. It’s also a sensible fit for value-conscious buyers who prioritize more interior square footage over a larger yard, as the living space outperforms many local comparables. The data suggests it’s not a standout luxury purchase but a competitively positioned, practical home in its market tier.
A less obvious perspective is its potential as a "relative value" play within Jefferson. While its assessed value is average on Matheson Avenue, it ranks higher within the wider neighbourhood, indicating you might get more house for your dollar here compared to other parts of Jefferson. Its consistent, middle-of-the-road rankings across most categories point to a lower-risk, predictable investment rather than a speculative one.
Frequently Asked Questions
1. How does the living space truly compare to nearby homes?
At 1,408 sqft, this home's living area is in the top 9% for the Jefferson neighbourhood, meaning it is significantly more spacious than over 90% of comparable local properties.
2. What is the exact recent sold price history?
The provided data shows a sold price range from July 2017. For the precise sold price figures, you can request the exact history via email from the listing source, as this information is verified and shared manually.
3. Is the assessed value high or low for the area?
The assessed value is around average for Matheson Avenue but above average for the broader Jefferson neighbourhood. This suggests the property is priced in line with its immediate street while offering better value within the larger community context.
4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key detail to clarify with the seller or listing agent regarding finishes, permits, and the nature of the renovation.
5. How does the age of the home (1947) affect its value?
Built in 1947, the home is older than the city-wide average. However, it is around the average age for both Matheson Avenue and the Jefferson area, indicating this is typical for the location and is likely already reflected in its value and character.