514 Seven Oaks Avenue

Property Overview: 514 Seven Oaks Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Jefferson presents a practical and comfortable living proposition. Its key characteristics include a renovated basement, a detached garage, and a notably modern build year (1976) for the area, meaning it likely benefits from more contemporary construction standards than many neighbouring homes. The living space (1,182 sq ft) is comfortably above average for both the street and the neighbourhood.

The appeal lies in its strong positional value. The property consistently ranks above average for its street and the wider Jefferson area in critical metrics like assessed value, year built, and land size (a generous 4,999 sq ft lot). This suggests a home that stands out positively within its immediate context. It would suit first-time buyers or downsizers looking for a manageable single-level layout with modern underpinnings, or an investor seeking a solid, updated property in a stable neighbourhood. A thoughtful perspective is that its newer build date relative to the area could translate to fewer immediate major system upgrades, offering a sense of move-in readiness that is sometimes harder to find in mature neighbourhoods.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to the area?
The assessed value ranks in the top 17% on its own street and the top 13% in the Jefferson area, indicating it is considered a higher-value property within its local market context.

2. What is the significance of the 1976 build year?
Built in 1976, this home is significantly newer than the average home on Seven Oaks Avenue (where the average build year is 1946). This often suggests updated electrical, plumbing, and insulation standards compared to much of the surrounding housing stock.

3. Is the lot size typical?
At just under 5,000 sq ft, the lot is above average for the street and typical for the Jefferson neighbourhood, providing good outdoor space.

4. What was the recent sale history?
Public records indicate the home sold in May 2023 for an estimated price range of $355,000 to $385,000.

5. How can I find out the exact past sale prices?
The exact sold prices are not publicly displayed in detail. You can request the full history directly via the email prompt provided on the listing page; the service states it will provide the accurate figures manually without using your email for unsolicited marketing.