Property Overview
This two-storey home at 680 Matheson Avenue presents a compelling opportunity in Winnipeg's Jefferson neighbourhood. Its primary appeal lies in its above-average scale and desirable positioning within its immediate area. With over 2,000 square feet of living space, the home is notably larger than most in Jefferson and on its own street, ranking in the top tiers for size. It sits on a standard city lot and features a renovated basement and a detached garage. Built in 1955, it is a relatively newer home for the Jefferson area. The assessed value is strong for the local context, indicating perceived value above many neighbours, while being more average when viewed city-wide.
This property would suit buyers looking for spacious, established-character homes without paying inner-core premiums. It’s ideal for those who prioritize more interior room over a massive yard and appreciate a home that stands out in its neighbourhood for its substantial footprint. It may also attract value-conscious buyers seeking a property with a solid foundation (as suggested by the renovated basement) in a stable area.
Frequently Asked Questions
1. How does this home’s size compare to others?
It is significantly larger than most. With 2,052 sqft, it ranks in the top 7% on its street and the top 1% within the wider Jefferson area, where average homes are closer to 1,000-1,300 sqft.
2. Is the assessed value high for the area?
Yes. Its assessed value is in the top 6% on Matheson Avenue and the top 2% in Jefferson, meaning it is valued higher than the vast majority of comparable nearby homes.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope, quality, and permits should be verified through a viewing and inspection. It’s a key feature that adds functional living space.
4. How does the land size compare?
The lot is approximately 5,650 sqft, which is fairly typical—it’s around the average for the street and neighbourhood. The appeal here is more about the interior space than an oversized yard.
5. The home was last sold in 2016. What should I consider?
The price history shows a sale nearly a decade ago. This suggests potentially long-term ownership, which can mean well-maintained homes but also indicates systems (like roof, HVAC) may be nearing or past typical lifespans and warrant careful evaluation.