Property Overview: 564 Matheson Avenue
Key Characteristics & Appeal
This well-situated one-and-a-half storey home on Matheson Avenue presents a solid opportunity in Winnipeg's Jefferson neighbourhood. Built in 1947, its 1,277 sqft of living space is complemented by a renovated basement, adding functional space. A key standout feature is the land: at over 6,250 sqft, the lot size ranks in the top 5% for Jefferson, offering above-average outdoor space and potential. The detached garage adds practical utility.
The home’s appeal lies in its balanced positioning. It’s not an outlier in any single category but performs consistently above average for its immediate area in assessed value and land size. This suggests a property that holds its own in the neighbourhood context. The renovated basement points to some modern updating, while the classic structure offers traditional character.
This property would suit a practical buyer looking for a grounded, no-frills home with a generous yard in an established community. It’s ideal for someone who values space over flash, potentially a first-time buyer, a small family, or an investor seeking a property with strong fundamentals and a manageable footprint. The data indicates it's a competitively sized home on a notably larger-than-average lot for the area.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above average for both Matheson Avenue and the wider Jefferson neighbourhood, ranking in the top 25% and 18% respectively. This suggests it is viewed favorably relative to comparable local properties.
2. Is the lot size a significant feature?
Yes. The lot of 6,267 sqft is a key asset, ranking in the elite top 5% of properties in Jefferson. This provides substantially more outdoor space than is typical for the area.
3. What should I know about the home’s age and condition?
Built in 1947, the home is older than the citywide average. The listing notes a renovated basement, indicating some updates, but a prospective buyer should consider a thorough inspection to understand the condition of major systems and the main structure.
4. Are there recent sale prices available for this exact home?
Exact historical sold prices are not publicly listed in this summary. The page provides estimated sale ranges from public data and offers a service to request the precise sale history via email.
5. How does the living space compare to typical homes?
At 1,277 sqft, the living area is slightly above average for Jefferson but around the citywide average. It offers a comfortable size for the neighbourhood, fitting between the more compact and larger home styles found nearby.