Property Overview: 506 Hartford Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-situated, one-storey home in Winnipeg's Jefferson neighbourhood, built in 1955. Its key features include a renovated basement and a detached garage. With 1,044 sqft of living space, the home is very typical for its immediate area and the city overall. The property's standout characteristic is its land: at 5,784 sqft, the lot size is notably above average for both Hartford Avenue and the wider Jefferson area, offering more outdoor space than many neighbouring properties. The home's assessed value is above average for Jefferson, suggesting it is in good standing relative to others in the district.
The appeal lies in its balance and potential. It represents a solid, no-fuss entry into the market with the value anchored by a generous lot. The renovated basement adds functional living space, while the classic one-storey layout suits those looking for simplicity. This property would best suit first-time buyers, downsizers, or practical investors seeking a manageable home with a footprint that isn't overly large, but with the bonus of a sizeable yard for gardening, expansion, or simply enjoying extra private space.
Frequently Asked Questions
1. How does the lot size compare to nearby homes?
The 5,784 sqft lot is a significant asset, ranking in the top 25% on Hartford Avenue and the top 17% in the Jefferson area. This means you're getting more land than most comparable properties nearby.
2. Is the assessed value a reliable indicator of the selling price?
While the assessed value of $31,400k is for municipal tax purposes and is above average for Jefferson, market conditions ultimately determine sale price. Reviewing recent sold prices for similar homes in the area is essential.
3. What does "renovated basement" typically include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and whether it includes added bedrooms, a living area, or just basic finishing.
4. Given the home's age, what should I be mindful of?
Built in 1955, the home is of average age for its neighbourhood. A thorough inspection is recommended to assess the condition of major aging components like the roof, plumbing, electrical systems, and the foundation.
5. How can I find out the exact historical sold prices?
The exact sold price history is not publicly displayed. As noted on the detail page, you can request this information directly via email, and the service aims to provide the accurate data manually by the end of the same day.