Property Overview & Key Characteristics
43 Glenlawn Avenue is a compact, one-storey home in Winnipeg's Elm Park neighbourhood. Built in 1949, its key feature is a renovated basement, adding functional space to the 792 sqft main floor. The property sits on a just-under-average 5,078 sqft lot with a detached garage.
Its primary appeal lies in being a relatively affordable entry point into a mature, established neighbourhood. The renovated basement is a significant practical upgrade, offering flexibility for a home office, recreation room, or additional storage. While the living space is modest compared to area averages, this translates to lower maintenance and utility costs. The home would suit first-time buyers, downsizers seeking a manageable property, or investors looking for a character home in a solid location. It’s a practical choice for those who value location and lot potential over sheer square footage, with the renovation work already addressing a key area (the basement) that often requires immediate investment in homes of this era.
Frequently Asked Questions
1. Is the house too small?
At 792 sqft of above-ground living area, it is notably smaller than many area homes. However, the renovated basement effectively expands the usable space, making it more functional than the main floor square footage alone suggests.
2. How does the assessed value compare?
The home’s assessed value is below the average for both Glenlawn Avenue and the Elm Park neighbourhood, but aligns closely with the city-wide average. This can indicate a valuation that reflects the home’s smaller size while accounting for its location and recent improvements.
3. What does the lot size mean for me?
At just over 5,000 sqft, the lot is slightly smaller than many in Elm Park but is very close to the Winnipeg average. It provides a good balance of outdoor space without being burdensome to maintain, and still holds potential for gardening or landscaping.
4. Is the age of the home (1949) a concern?
The home is older than most in Elm Park but is near the average age for its specific street. While core systems (roof, wiring, plumbing) should be inspected, its age is typical for the neighbourhood's character. The renovated basement suggests some key updates have been made.
5. Who would this property not suit?
It may not be ideal for buyers requiring substantial above-ground bedroom space or multiple large, dedicated living areas. Families needing immediate, extensive room to grow might find it limiting without considering a future main-floor addition, subject to permits and feasibility.