Property Overview
459 Mcadam Avenue is a one-and-a-half storey home in Winnipeg's Jefferson neighbourhood, built in 1951. Its key appeal lies in offering above-average space and land size for its immediate area, presenting a solid value proposition within its local market. The home features 1,462 sqft of living space and sits on a 6,009 sqft lot, both metrics ranking in the top 20% of similar properties in Jefferson. It includes a renovated basement and a detached garage. The assessed value is positioned around the neighbourhood average, suggesting a reasonably priced entry point for the amount of physical space offered.
This property would suit practical buyers looking for a home with room to grow or spread out, without the premium price tag of a newer build. It’s a strong match for those who prioritize lot size and living area over a modern build year, and who value the established character of the Jefferson area. The renovated basement adds functional, flexible space that enhances its livability. A thoughtful perspective is that this home represents a "space-for-value" trade-off; you get more house and land than many area peers, but it comes in an older package that may require updates or maintenance reflective of its age.
Frequently Asked Questions
What is the exact sold price history?
The public data shows a sold price range of $32.50k to $35.50k in November 2021. For the precise historical sold price, you can request the information via email from the listing source.
How does the home's size compare to others?
The living area is 1,462 sqft, which is notably larger than the Jefferson neighbourhood average (~1,029 sqft) for comparable homes, placing it in the top 7% locally. The lot size of 6,009 sqft is also generous, ranking in the top 9% in Jefferson.
Is the assessed value high for the area?
The assessed value of $32.10k is above the Jefferson neighbourhood average for comparable homes, ranking in the top 19%. This indicates the property is assessed at a value higher than many around it, which is likely reflective of its larger living area and lot size.
What does the "one-and-a-half storey" design mean?
This is a classic architectural style often featuring a main floor with living areas and a second floor under sloping roof lines, typically containing bedrooms. It can offer charming character but may have unique room shapes or ceiling heights compared to a full two-storey home.
Are there any obvious concerns from the data?
The home was built in 1951, making it older than about 71% of homes citywide. While this is common for the neighbourhood, prospective buyers should factor in potential updates for older mechanical systems, windows, or insulation that may be needed. The detached garage, while a benefit, also means navigating outdoors in winter.