Property Overview: 19 Glenlawn Avenue, Elm Park, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Elm Park presents a solid, renovated opportunity built in 1949. With 1,265 sqft of living space, it offers more room than most comparable homes on its street and sits comfortably within the average for the neighborhood and city. Its appeal lies in its practical updates, notably a renovated basement, and its position in a well-established area. The detached garage adds functional value.
The home’s standout characteristic is its efficient use of space; it provides above-average living area on a modest 5,078 sqft lot. This suggests a low-maintenance yard without sacrificing interior room. The assessed value is strong for the immediate street, indicating the property holds its worth well in its micro-market.
This property would suit a first-time buyer or a downsizer looking for a move-in-ready home with modern basics covered in a quiet, mature neighborhood. It’s for someone who values interior space and updates over a large garden, and who appreciates the character and stability of an established community like Elm Park.
Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than many in Elm Park, it translates to less yard maintenance. The space is efficient, and the home’s living area is actually above average for the street, meaning the square footage is wisely allocated to the dwelling itself.
2. What does the assessed value tell us?
At $37,400, the assessment is above the street average, which often reflects the renovated condition and desirable traits. It’s a useful benchmark, but market conditions and the home’s specific updates will ultimately determine the sale price.
3. Is the basement renovation a full living space?
The listing confirms the basement is renovated, but does not specify if it includes a legal bedroom or secondary suite. Buyers should verify the nature of the renovation and whether it adds finished living area or primarily functional space.
4. How does the 1949 build year affect the home?
The home is of an age where core systems (roof, wiring, plumbing) may need attention or may have been updated. Its year built is newer than many on the street, which can be an advantage, but a thorough inspection is always recommended for homes of this era.
5. What is the context of the last sale price?
The home sold for $31,500 in 2016. This historical figure is useful to understand past market value, but it is not a direct indicator of current value given the time elapsed, potential renovations, and significant changes in the real estate market since then.