Property Overview: 620 Matheson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1947, presents a solid opportunity in Winnipeg's Jefferson neighbourhood. Its key appeal lies in a combination of generous outdoor space and a renovated basement, set within a well-established area. With 1,203 sqft of living space, the home is competitively sized for the street and neighbourhood.
The standout feature is the land. At 6,275 sqft, the lot size is well above average for both the immediate street and the wider Jefferson area, ranking in the top 5% locally. This offers significant potential for gardening, recreation, or future expansion. The detached garage adds practical storage or workshop space. The home’s assessed value is positioned around the average for its immediate surroundings, suggesting it is priced in line with the local market.
This property would suit a practical buyer looking for a established neighbourhood character and who values private outdoor space over a brand-new build. It’s a fit for first-time homeowners seeking a manageable footprint with room to grow, or for those who see the value in a larger lot as a long-term asset. The renovated basement adds immediate functional living space, making it move-in ready for someone needing separate areas for family, a home office, or guests.
Section 2: Frequently Asked Questions
1. How does the property’s value compare historically?
Based on available data, the home sold in early 2017 for an estimated $235k-$265k and in early 2016 for approximately $145k-$175k. Its current assessed value is $285,000.
2. What is the neighbourhood like?
The home is located on Matheson Avenue in the Jefferson neighbourhood. It's a mature area with homes primarily from the mid-20th century, offering a settled community feel.
3. Is the lot size a significant advantage?
Yes. The lot is a defining feature, being larger than approximately 95% of comparable properties in the Jefferson area. This provides more privacy and yard space than is typical.
4. What are the property’s relative strengths and weaknesses?
Its clear strength is land size. The living space is average for the area, while the home’s age (79 years) means potential buyers should budget for ongoing maintenance and updates expected for a house of this era.
5. Where can I find exact historical sale prices?
The listing service notes that exact sold prices are available upon direct request via email, as the figures shown are ranges based on public data.