Property Overview & Appeal
This one-storey home at 18 Glenlawn Avenue in Winnipeg's Elm Park neighborhood presents a classic, grounded opportunity. Its key characteristics are its modest 900 sqft living area, a renovated basement, a detached garage, and a well-sized 5,211 sqft lot, all built in 1949. The appeal lies in its established, tree-lined street and a position of solid "around average" value within its immediate area—it isn't the largest or newest on the block, but it holds its own without premium pricing. This is underscored by its assessed value and lot size ranking consistently in the middle ranges compared to neighbors and the wider city.
This property would suit a first-time buyer or downsizer looking for a manageable, single-level layout in a mature community. It's also a sensible fit for a value-oriented buyer who prefers a home that doesn't carry the price tag of a top-tier performer but offers a renovated basement and the potential of a generous lot. A thoughtful perspective is that this home offers the quiet stability of a neighborhood where properties are closely matched, reducing the risk of over-improvement for the area.
Frequently Asked Questions
1. Is the living space smaller than average?
Yes. At 900 sqft, the living area is below the average for both the Elm Park area and Winnipeg citywide. This indicates a compact, efficient floor plan.
2. How does the property's value compare to its neighbors?
The assessed value is consistently around the average for Glenlawn Avenue and the broader Elm Park neighborhood, suggesting it is priced in line with local market norms without being an outlier.
3. What does the "renovated basement" include?
The provided details confirm a basement exists and has been renovated, but the specific scope, quality, and permits for this work are not described. This would require further inquiry.
4. Is the 1949 build date a concern?
The home is older than the city average. While it is actually newer than many in Elm Park, a buyer should anticipate the maintenance and potential system updates typical of a home from this era.
5. How does the lot size compare?
The lot is just over 5,200 sqft, which is slightly below the street and area averages but remains a generous, standard city lot size that offers good outdoor space.