Property Overview
471 Matheson Avenue is a one-and-three-quarter storey home in Winnipeg's Jefferson neighbourhood, built in 1938. Its key appeal lies in a combination of above-average land size and a recently renovated basement, set on a quiet, established street. With 1,240 sqft of living space, it sits around the average for the area, but the lot size of over 6,000 sqft is notably larger than most in Jefferson, offering valuable outdoor space. The home features a detached garage.
The data suggests a property with solid fundamentals. Its assessed value ranks well above average for both the street and the neighbourhood, indicating it is viewed favorably compared to its immediate peers. The renovated basement adds modern livability to the classic character of a late-1930s build. This home would suit a first-time buyer or a downsizer looking for a manageable footprint without sacrificing yard space, or an investor attracted by its strong relative value within a mature community. It’s a practical choice for someone who values a bit more privacy and room to garden over a brand-new build.
Frequently Asked Questions
1. How does the value of this home compare to others nearby?
The assessed value is in the top 10% for the Jefferson neighbourhood and top 16% for Matheson Avenue itself, meaning it is consistently valued higher than most comparable homes in its immediate vicinity.
2. Is the lot size a significant feature?
Yes. The land area is a standout, ranking in the top 8% for Jefferson. At over 6,000 sqft, the lot is substantially larger than the neighbourhood average, which is a key differentiator for outdoor space and potential.
3. What should I know about the age of the home?
Built in 1938, the home is older than most in the city. While the basement has been renovated, buyers should factor in the potential maintenance and updating needs common to houses of this era, such as original windows, plumbing, or electrical systems.
4. Has the property’s value increased?
Based on available sold price ranges, the property likely appreciated between its 2017 and 2021 sales. For exact historical sold prices, you can request the information directly via the listing page.
5. What is the neighbourhood like for amenities and convenience?
Located in Jefferson, the home is near other similar properties on a quiet avenue. Specific amenities aren't detailed here, but the established nature of the area typically means proximity to local schools, parks, and main arterial routes for commuters.