Property Overview: 442 Mcadam Avenue, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in the Jefferson neighbourhood presents a practical and solid opportunity. Its key strength is the generous 6,257 sqft lot, which ranks in the top 5% of the area, offering significant outdoor space that is increasingly rare. The home itself, built in 1951, is newer than many on its street and features a renovated basement, adding valuable finished living space to the 1,223 sqft footprint. A detached garage provides flexible storage or workshop potential.
The appeal here is grounded in space and value. It suits buyers looking for a manageable single-level layout with the clear advantage of a large yard for gardening, children, or future expansion. It’s a fit for first-time homeowners seeking a foothold in a stable neighbourhood, or for downsizers who want room to breathe without the maintenance of a larger house. A thoughtful perspective is that the above-average assessed value for Jefferson suggests the property is already recognized for its desirable lot size and condition, indicating a sound foundation for investment.
Frequently Asked Questions
1. What is the exact recent sale price?
The available public data shows a sale in September 2016 for an estimated range. For precise, current sale history, you can request the exact figures via email from the listing source.
2. How does the lot size compare practically?
At over 6,250 sqft, the lot is substantially larger than the neighbourhood average (approx. 4,949 sqft). This translates to more private backyard space, potential for additions like a shed or deck, and generally fewer feelings of being crowded by neighbours.
3. What does "renovated basement" imply?
While specific finishes aren't detailed, it indicates the lower level has been updated to be functional living space, which adds to the home’s usable square footage beyond the main floor. It's advisable to clarify the scope, permits, and current condition during a viewing.
4. Is the detached garage a pro or con?
This depends on preference. It offers separation from house noise and fumes, which is great for a workshop. However, it means going outside to access your vehicle, which can be less convenient in Winnipeg winters compared to an attached garage.
5. How does the home’s age affect things?
Built in 1951, it’s a mid-century home. It will likely have classic construction but may also have aging components like original plumbing or wiring. Its ranking as "above average" for year built on its street is a positive, suggesting it’s among the newer homes in that immediate area.