Property Overview: 327 Perth Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1920, presents a classic character home opportunity in the Jefferson area. Its primary appeal lies in its generous proportions relative to its immediate neighborhood. With 1,341 sqft of living space, it ranks in the top 15% for size on its street and top 12% within Jefferson, offering more room than many nearby homes. This is complemented by an above-average land area of over 5,800 sqft, providing ample outdoor space that is a notable asset in the area.
The home suits buyers looking for a project or a footprint with potential. It has a basement, but it is noted as not renovated, suggesting the overall property may require updates. There is no garage or pool. The assessed value is modest compared to the city-wide average, positioning it as an accessible entry point into the market. This property would likely attract value-conscious buyers, DIY enthusiasts, or those seeking a character home on a larger lot who are prepared to invest sweat equity or gradual renovations. A thoughtful perspective is that while the home is older than most in the city, this also means it was built during a period of solid craftsmanship and sits on a mature lot, offering established trees and privacy that newer subdivisions often lack.
Frequently Asked Questions
1. What is the actual recent sale price?
The available public data shows estimated sale price ranges. For instance, it sold for an estimated $24.5K–$27.5K in March 2020. To obtain the exact sale price from the records, you must request it directly via the provided email service.
2. What does "above average for the area" really mean for living space?
It means that compared to similar homes in the Jefferson neighborhood, this house's living area (1,341 sqft) is larger than about 88% of them. You're getting more interior space than most properties nearby.
3. Why is the assessed value so much lower than the city-wide average?
The assessed value of approximately $29.3K is based on municipal valuation for tax purposes, which heavily considers factors like the home's age, condition, and recent sales in the immediate area. It reflects its status as an older, unrenovated property in a neighborhood with generally lower valuations than the Winnipeg average.
4. What are the implications of an "unrenovated" basement?
This typically indicates the basement is in original or functional condition but lacks modern finishes. It presents both a cost consideration for potential upgrades and an opportunity to customize the space to your needs, subject to moisture checks and building codes.
5. How stable have property values been on this street?
Based on the limited sale history shown, the estimated sale price range remained consistent between 2017 and 2020, suggesting a period of stability. However, the earlier 2016 sale was significantly lower, indicating potential appreciation over the longer term, though market conditions vary.