Property Overview: 415 Seven Oaks Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in the Jefferson neighbourhood presents a practical and value-conscious opportunity. Built in 1950, its key appeal lies in its above-average positioning within its immediate area. The 1,176 sqft living space is slightly larger than typical for both Seven Oaks Avenue and Jefferson, while the nearly 5,000 sqft lot is notably more generous than many on the same street. A significant feature is the renovated basement, adding functional living space. The home’s assessed value ranks consistently above average for the local area, suggesting a solid foundation of value relative to its peers.
Its appeal is grounded in space and location efficiency. It suits first-time buyers seeking a home with room to grow on a larger lot without a premium price tag, or value-focused investors looking for a character home with updated fundamentals in a stable neighbourhood. The detached garage offers flexibility for storage or projects. A thoughtful perspective is that while the home is older city-wide, it is actually around the average age for Jefferson, meaning it fits seamlessly into the fabric of the mature, established community rather than standing out as an anomaly.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,176 sqft, the living area is larger than the average for both Seven Oaks Avenue and the broader Jefferson neighbourhood, placing it in the top 40% and 27% locally, respectively.
2. What is the significance of the assessed value ranking?
The assessed value of $31,700 ranks in the top 26% on its street and top 22% in Jefferson, indicating the municipality views it as more valuable than many comparable properties in the immediate area.
3. Has the home been updated?
The listing confirms the basement has been renovated, adding modernized living space. The age of other major systems (roof, wiring, plumbing) should be verified during a viewing or inspection.
4. Is the lot size a notable feature?
Yes. The 4,997 sqft lot is above average for Seven Oaks Avenue (top 28%), providing more outdoor space than many neighbouring properties.
5. Where can I find the exact historical sale price?
The listed sale range is based on public data. The exact sold price from the last transaction in September 2019 can be requested directly via the email prompt provided on the property detail page.