Property Summary: 339 Hartford Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1917, presenting a straightforward opportunity in Winnipeg's Jefferson neighborhood. Its key characteristic is its modest scale, with a living area of 680 sqft, which is notably smaller than most comparable homes locally and city-wide. The property includes a detached garage and a basement that is present but not renovated. The lot size is also below average for the area.
The primary appeal lies in its position as an accessible entry point into the market. With an assessed value of $200k, it stands significantly below the city-wide average for homes, suggesting a lower barrier to entry. It suits a very specific buyer: someone seeking a minimal footprint, such as a first-time buyer comfortable with a "right-sized" home, an investor looking for a rental property with potentially lower overhead, or a downsizer who values simplicity over space. Its historical sold price, last recorded in the $14.5k-$17.5k range in 2016, underscores its long-standing role as a value-oriented property. A thoughtful perspective for the right buyer is viewing its smaller size and unrenovated basement not just as limitations, but as a canvas for efficient, creative use of space without the premium paid for already-modernized finishes.
Frequently Asked Questions
1. Is this a "tiny home"?
While not marketed as such, its 680 sqft living area is well below the local average, placing it in a similar size category. It offers a traditional neighborhood setting with a very compact footprint.
2. What does "below average" in the rankings mean for me?
The rankings consistently show this property is smaller, older, and on a smaller lot than most homes on its street, in Jefferson, and across Winnipeg. This directly correlates with its lower assessed value, indicating it's priced for its specific characteristics.
3. The basement is listed as "not renovated." What condition should I expect?
This typically indicates an original or utilitarian space, likely unfinished or with older finishes. It should be factored into plans and budget as functional storage or potential future development space, not as modern living area.
4. Why is the current assessed value so much higher than the 2016 sale price?
The 2016 sale price was exceptionally low. The current assessed value reflects the property's municipal valuation for tax purposes in today's market, which, while still low city-wide, accounts for broader market changes over nearly a decade.
5. Who would this property not suit?
It would not suit buyers needing multiple bedrooms, generous living space, modern open-concept layouts, or a large yard. It is best for those with minimal spatial needs and a focus on affordability over square footage.