Property Overview: 483 Seven Oaks Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1949, presents a solid opportunity in Winnipeg's Jefferson neighbourhood. Its key appeal lies in offering above-average space on a generous lot for the immediate area. With 1,430 sqft of living space, it ranks in the top 15% for size on its street, and its 4,999 sqft lot is notably larger than many neighbours. The home features a renovated basement and a detached garage.
The property suits practical buyers looking for a character home with room to breathe. It’s ideal for someone who values more interior and yard space over a newer build, and who sees potential in a home that is comfortably average in assessed value for its specific community. A thoughtful perspective is that while its city-wide metrics for age and value are below average, it outperforms its direct local peers in key areas—suggesting a well-positioned asset within its own micro-market. This makes it a compelling option for buyers focused on neighbourhood-specific value rather than city-wide comparisons.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area is 1,430 sqft, which is significantly larger than the average for both Seven Oaks Avenue (approx. 1,123 sqft) and the Jefferson neighbourhood (approx. 1,029 sqft).
2. What is the property’s tax assessment situation?
The assessed value is $28,900. This is around the average for both the street and the Jefferson area, but below the city-wide average, which may influence property taxes.
3. Has the home been updated?
The listing confirms the basement has been renovated. The age of the main structure (1949) suggests other systems and finishes may be original or periodically updated, so a thorough inspection is recommended.
4. How does the lot size benefit a buyer?
At nearly 5,000 sqft, the lot is above average for the street. This offers more private outdoor space, gardening potential, or room for additions like a shed or deck compared to many neighbouring properties.
5. Where can I find exact historical sale prices?
The listed sale price range is from public data. The site offers to provide the exact sold price history via a manual email service, with a promise of a reply by the end of the same day and no unsolicited marketing.