Property Overview: 516 St Anthony Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home on a spacious 5,293 sqft lot in Jefferson presents a practical and value-conscious opportunity. Its key characteristics include a renovated basement, a detached garage, and a 904 sqft living area that is typical for the immediate street and neighbourhood. Built in 1953, it is notably newer than most homes on St. Anthony Avenue, which is a standout point for a buyer mindful of potentially fewer age-related issues compared to its peers.
The appeal lies in its grounded metrics and value proposition. While its assessed value sits below average for the area, this suggests a potentially accessible entry point into the market. The renovated basement adds functional living space, and the above-average lot size for the street offers room for outdoor use or future expansion. This property would suit first-time buyers, downsizers looking for a manageable single-level layout, or practical investors seeking a character home in a well-established neighbourhood without the premium price tag of a newer build. It’s a home that offers more in terms of land and relative modernity on its street than its assessed value might immediately imply.
Frequently Asked Questions
1. How does the home’s size compare to the area?
At 904 sqft, the living area is very close to the average for both St. Anthony Avenue (967 sqft) and the wider Jefferson neighbourhood (1,029 sqft). It provides a comfortable footprint typical for the community.
2. Why is the assessed value ranked below average?
The assessed value is below the average for comparable homes on the street, in Jefferson, and citywide. This can be influenced by many factors, including the home’s specific condition, features, and market trends at assessment time, and often represents the value for municipal tax purposes rather than current market price.
3. What does it mean that the home is “newer” than most on the street?
Built in 1953, this home is among the top 4% newest on St. Anthony Avenue, where the average comparable home was built in 1946. This relative newness can be an advantage, potentially indicating updates to core systems or construction methods compared to much older neighbours.
4. Is the lot size a significant feature?
Yes. The lot of 5,293 sqft is larger than the average lot on St. Anthony Avenue (4,919 sqft). This provides a more generous outdoor space than many nearby properties, which is a valuable and less common asset in established neighbourhoods.
5. Where can I find the exact historical sale price?
The provided sale history shows a range. For the precise sale price, you can request it via email through the listing page. The service is manual, with a promised reply by the end of the same day, and your email is not used for unsolicited marketing.