622 Mcadam Avenue

Property Overview & Appeal

This one-storey home at 622 Mcadam Avenue presents a practical and affordable entry point into Winnipeg's Jefferson neighbourhood. Its key characteristic is its modern age relative to the area, having been built in 1997, which places it among the newest homes on its street and in the wider community. This suggests potentially fewer major maintenance concerns compared to much older stock. The home is compact at 802 sq ft, with a recently renovated basement and a detached garage, offering functional living space without excess.

Its primary appeal lies in its value proposition and move-in readiness. With an assessed value that is above average for Jefferson, it represents a stable investment in the area. The renovated basement adds flexible living space, making the smaller main floor footprint more versatile. This property would suit first-time buyers seeking a low-maintenance starter home, practical downsizers looking for a manageable single-level layout, or investors interested in a relatively modern rental property with solid fundamentals.

A thoughtful perspective is that while the lot size is smaller than average, this translates to less yard upkeep—a bonus for those seeking a simplified lifestyle. Additionally, its "newer" status in a neighbourhood of older homes could mean more predictable systems and efficiency, though it may have less architectural character than its historic counterparts.

Frequently Asked Questions

1. How does the size of this home compare to others?
At 802 sq ft of living area, this home is notably more compact than most comparable properties on its street, in Jefferson, and across Winnipeg. This contributes to its affordability and manageable upkeep.

2. What does the "Elite" ranking for Year Built mean?
Built in 1997, this home is in the top 4% of homes on Mcadam Avenue and in the Jefferson area for its recent construction date. Essentially, it's one of the newest houses in a neighbourhood with many older homes.

3. Is the assessed value high for the home's size?
Yes. Despite its smaller square footage, its assessed value is above average for the Jefferson neighbourhood. This can indicate factors like its modern build, renovations, and overall condition are positively influencing its valuation.

4. What is included in the "renovated basement"?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent to understand the quality and use of this additional space.

5. Can I get the exact historical sold price?
The provided sold price history is an estimated range. The listing service states they can provide the exact sold price upon request via email, which they handle manually without using the contact for unsolicited marketing.