Property Overview: 436 Perth Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Perth Avenue in the Jefferson neighborhood presents a practical and straightforward opportunity. Its key characteristics are solidly average for its immediate area, offering a sense of stability and predictability. The 963 sqft living space is typical for Jefferson, and the lot size of 4,701 sqft is also in line with local norms. A notable feature is the renovated basement, adding functional living space. The home is newer than many on its street, built in 1953 compared to the area's average of 1945, which may suggest fewer concerns with some aging components.
The appeal lies in its position as a manageable, no-surprises property in an established neighborhood. It’s not the largest or newest home citywide, but it holds its own within its local context. The detached garage and updated basement are practical assets. This property would suit first-time buyers seeking an entry point into the market, practical investors looking for a stable rental, or downsizers wanting a single-level home without the premium of a newer subdivision. It’s for those who value neighborhood character and lot size over modern square footage, and who see the value in a home that is competitively positioned within its own community rather than trying to compete city-wide.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others?
Based on assessed value, this home is very typical for both Perth Avenue and the wider Jefferson area, ranking near the middle. Citywide, its assessed value is below average, which reflects the premium for newer or larger homes in other parts of Winnipeg.
2. What should I know about the size and lot?
The living area is standard for Jefferson. The lot is a good, average size for the neighborhood, offering decent outdoor space. It is smaller than the citywide average lot, which is common for established inner-city areas.
3. The home was built in 1953. Is that a concern?
While 73 years old, this home is actually newer than many in Jefferson. This relative advantage could mean systems like wiring or plumbing are from a slightly more modern era, though a thorough inspection is always recommended for any home of this age.
4. Is the sold price history available?
A sold price range is provided for late 2019. To obtain the exact historical sold price, you must request it via email from the listing service, which they provide manually without using your email for marketing.
5. What are the less obvious points to consider?
Consider that "average for the area" can mean lower maintenance costs than a larger, top-tier property, and property taxes are likely to be more manageable than the citywide average. The renovated basement is a key value-add, effectively increasing usable space beyond the main square footage. Its consistent middle-of-the-road rankings suggest it’s unlikely to be overpriced for Jefferson, but may not see explosive appreciation compared to hotter markets.