671 Matheson Avenue

Property Overview: 671 Matheson Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1952, sits on a generous 5,396 sqft lot in the Jefferson neighbourhood. With 858 sqft of living space, a detached garage, and an unfinished basement, it presents a straightforward, no-frills opportunity. Its primary appeal lies in its solid fundamentals: a lot size well above the neighbourhood average, a newer build date than most on its street, and an assessed value that aligns closely with local norms. This isn't a luxury property, but a practical one.

The home suits first-time buyers or practical investors looking for an entry point into the market without premium costs. Its value is grounded in the land and structure, offering a clear canvas for those willing to take on updates over time. A thoughtful perspective is that its "average" metrics within its immediate area signal stability and reduced risk of overpaying relative to the street, while the larger lot provides tangible utility and future potential that smaller, modern lots often lack.

Section 2: Frequently Asked Questions

1. Is the house in need of major renovation?
The listing notes the basement is "not renovated," and the home's age suggests some systems and finishes will likely require updating. It should be considered a candidate for gradual modernization.

2. How does the assessed value relate to the likely selling price?
The assessed value is around $290,000 for similar homes on Matheson Avenue. The last known sold price was in the $325,000-$355,000 range in mid-2022, which serves as a more recent market reference point.

3. What are the advantages of the lot size?
At over 5,300 sqft, the lot is larger than many in the Jefferson area. This allows more outdoor space for gardening, recreation, or storage, and can offer better privacy and potential for additions compared to tighter lots.

4. What is the neighbourhood like?
Jefferson is a mature, established neighbourhood. The property's metrics show it is typical for the area in terms of value and living space, suggesting a consistent, unpretentious community character.

5. Where can I find exact historical sold prices?
The exact sold price history is not publicly displayed in detail. The listing service offers to provide this information directly via email upon request, at no cost and with no marketing spam.