Property Overview: 392 Smithfield Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a standard city lot presents a straightforward, entry-level opportunity in Winnipeg's Jefferson neighborhood. Its key characteristic is its compact size, with 652 sqft of living space, which is notably smaller than most area homes. This is balanced by a renovated basement, adding functional space, and a detached garage. The assessed value is modest and aligns with averages for the immediate street and neighborhood, though it sits below the citywide average.
The appeal lies in its practicality and affordability. It suits first-time buyers seeking a manageable footprint with modernized basics, or investors looking for a rental property with a stable, average valuation for the area. A thoughtful perspective is that a smaller, well-located home like this can offer lower utility and maintenance costs, providing a different kind of value beyond just price per square foot. Its average rankings for lot size, age, and value on its street suggest it's a typical property for Smithfield Avenue, representing a stable, no-surprises option in a mature community.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 652 sqft, the above-ground living area is significantly below averages for the street, neighborhood, and city. The renovated basement provides crucial additional space, making the total usable square footage more competitive.
2. How does the assessed value compare?
The assessed value is very typical for Smithfield Avenue and the Jefferson area, ranking near the middle in both contexts. It is, however, below the average assessed value across the entire city of Winnipeg.
3. What is the property's history?
The home was built in 1947, which is around the average age for the area. Public data shows a sale occurred in September 2022 within a typical price range for its profile.
4. What are the lot details?
The lot is approximately 4,748 sqft, which is standard for the area—neither particularly large nor small compared to immediate neighbors and the wider city.
5. How can I find the exact past sale price?
The listed sale price is a range based on public data. The exact, verified sale price is available by request directly from the listing service, which they provide via email without using your address for unsolicited marketing.