Property Overview: 591 Matheson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home on a standard city lot in the Jefferson neighbourhood. Its key characteristic is its modern age relative to the area—built in 1966, it is notably newer than most surrounding homes. The home features a renovated basement and a detached garage.
The primary appeal lies in its value proposition and manageability. With a living area of 738 sq ft, it is a smaller, efficient property that promises lower maintenance and utility costs. Its assessed value is consistently below average for the street, neighbourhood, and city, suggesting a potentially accessible entry point into the market. This isn't a sprawling family home; instead, it suits first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property. A thoughtful perspective is that its newer construction (for the area) could mean fewer immediate concerns with outdated systems or major repairs common in much older homes, offering a sense of practical readiness.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
At 738 sq ft, the living area is below average for Matheson Avenue, the Jefferson neighbourhood, and Winnipeg overall. It is a compact, efficiently sized property.
2. Why is the assessed value notably lower than the averages shown?
The assessed value is below the average for comparable homes on the street, in the neighbourhood, and citywide. This typically reflects the home's smaller size and is a key factor in its positioning as a value-conscious option.
3. What does it mean that the home is "newer" than others in the area?
Built in 1966, this home is significantly newer than many in Jefferson, where average build years are from the early 1900s. This can be an advantage regarding the potential age of major components like wiring or plumbing.
4. Is the lot size typical?
The lot is approximately 3,000 sq ft, which is below average for the area. This means smaller outdoor maintenance but also less private yard space than some neighbouring properties.
5. What is the recent sales activity like for this property?
Based on available data, the property sold in December 2024 and previously in October 2020. Exact sold prices are available upon request from the listing service.