Property Overview
45 Glenlawn Avenue is a well-situated, one-storey home in Winnipeg's established Elm Park neighbourhood. Built in 1949, it presents a practical opportunity with a renovated basement and a detached garage. The home's key appeal lies in its balance: it offers solid, average value for the street and area without premium pricing, positioning it as an accessible entry point into a desirable community. The lot, while slightly smaller than some neighbours, is still a generous city-sized parcel.
This property would suit a first-time buyer or a downsizer looking for a manageable, single-level layout in a mature area. Its "around average" metrics across the board suggest a home that is comfortably in line with local norms, not a fixer-upper nor a standout luxury offering. A thoughtful perspective is that its slightly older build date compared to the immediate street could mean more original character, while the renovated basement adds modern, flexible living space.
Frequently Asked Questions
1. How does this home compare in size to others in Elm Park?
At 940 sqft of living area, it is below the neighbourhood average for comparable homes. This contributes to its accessibility and may mean lower utility costs, but it's best for those comfortable with a more compact footprint.
2. Is the assessed value a reliable indicator of the likely sale price?
The assessed value is a municipal tax valuation, not a market price. The home last sold in June 2023 for $30.30k, which is below its current assessed value of $33.90k. A professional appraisal and market analysis are needed to determine current value.
3. What are the implications of the home's 1949 build date?
It is older than the average home on Glenlawn Avenue. Buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and wiring, while also appreciating the potential for classic construction details.
4. What is the advantage of having a renovated basement?
It immediately adds usable, finished space for recreation, a home office, or guests. This is a significant value-add, as it expands the liveable area without the need for immediate renovation work.
5. How does the lot size impact the property?
At just over 5,000 sqft, the lot is smaller than many in Elm Park but is still a good size city-wide. It offers ample yard space for gardening or entertaining while requiring less maintenance than a larger plot.