Property Overview
This 1949 one-storey home at 354 Matheson Avenue in Winnipeg's Jefferson neighbourhood presents a compact, no-frills living option. Its key appeal lies in its relative affordability and practicality. With 768 square feet of living space, it is notably smaller than most area homes, yet it sits on a standard city lot of approximately 4,586 square feet and features a detached garage and a renovated basement. The assessed value is modest compared to the wider city, positioning it as an accessible entry point into the market.
This property would best suit first-time buyers, downsizers, or practical investors seeking a straightforward, lower-maintenance home. Its smaller size means lower utility costs and less upkeep, while the renovated basement adds functional living space. A thoughtful perspective is that this home offers the chance to own a detached property with yard space without the premium price tag of a larger house, appealing to those who value outdoor space more than interior square footage. It’s a home for pragmatic living rather than luxury.
Frequently Asked Questions
1. How does the size of this home compare to others in the area?
At 768 sqft, the living area is below average for Matheson Avenue, the Jefferson neighbourhood, and Winnipeg overall. It ranks in the top 88% locally, meaning about 88% of comparable homes on the street are larger.
2. What is the property's recent sales history?
The home sold in March 2023 for an estimated price between $235,000 and $265,000, based on available public data. The exact sale price can be requested directly from the listing source.
3. Is the basement finished?
Yes, the listing specifies the basement has been renovated.
4. What are the key features of the lot and exterior?
The property includes a detached garage and sits on a lot of 4,586 sqft, which is around the average size for the Jefferson area. There is no pool.
5. How does the assessed value compare?
With an assessed value of $272,000, it is around the average for Matheson Avenue and Jefferson but is below the average assessed value for the entire city of Winnipeg.