Property Summary: 388 Hartford Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1953, situated on a standard-sized lot in the Jefferson neighbourhood. Its key feature is a renovated basement, adding valuable finished space to the 836 sqft main floor. The home presents as a solid, no-frills property that ranks as average or slightly below average in most metrics for its immediate street and area, suggesting it is a typical and affordable entry-point for the community.
Its primary appeal lies in its practicality and value. The renovated basement offers immediate utility without the need for a major project, and the detached garage provides flexible storage or workshop space. It would suit first-time buyers seeking a manageable, move-in-ready home, or investors looking for a stable rental property in an established neighbourhood. A thoughtful perspective is that its "average" rankings within Jefferson are actually a strength—it represents a lower-risk purchase that aligns closely with neighbourhood norms, avoiding the premium prices of standout properties or the potential issues of underperforming ones.
Frequently Asked Questions
1. How does the living space compare to other homes?
At 836 sqft, the main living area is below the city-wide average but is quite typical for Hartford Avenue and the Jefferson area. The renovated basement effectively increases the usable square footage.
2. What is the significance of the "average" assessed value rankings?
The assessment is around average for both the street and Jefferson, indicating the property is valued consistently with its immediate peers. This can contribute to predictable property tax levels and suggests the home is priced within the local market context.
3. Is the 1953 build date a concern?
While older, the home's build date is newer than many in Jefferson and is around average city-wide. The renovated basement indicates some systems have been updated, but a standard inspection for a home of this age is recommended.
4. What can the recent sold price range tell me?
The reported sold price range from late 2022 provides a recent benchmark. It shows the home transacted at a price point typical for the area (ranking near the middle of the local market), which is useful for understanding its market position.
5. Who are the most comparable neighbours?
The most direct comparisons are the other homes on Hartford Avenue, which share nearly identical lot sizes and build eras. The similar assessed values of homes on nearby streets like McLean also indicate a consistent value profile for this type of property in broader North Winnipeg.