Property Overview: 100 Harbison Avenue W, Glenelm, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1909, offering a classic Glenelm character home experience. With 810 sqft of living space and a 2,699 sqft lot, its scale is modest, placing it around the average for its immediate street but below the averages for the wider neighborhood and city. This suggests a more manageable footprint for maintenance. The home features a detached garage and a basement that is present but not renovated, indicating potential for future customization.
Its primary appeal lies in its location within the established Glenelm community and its value positioning. The home’s assessed value is notably below area averages, which could represent an entry point into the neighborhood. It would suit a first-time buyer, an investor, or a downsizer looking for a character home with a lower financial barrier to entry, who is comfortable with a property that may require updates over time. A thoughtful perspective is that its smaller size and lot, while not expansive, can translate to lower utility costs and less upkeep, aligning with a simpler, more efficient lifestyle. The data shows it sold relatively recently (September 2023), indicating it’s a property that moves in the market, likely due to this combination of location and price point.
Section 2: Frequently Asked Questions
1. What does the ranking data for "Living Area" actually tell me?
While the 810 sqft is below Glenelm's average, it ranks "around average" for Harbison Avenue W itself. This indicates the street may consist of similarly scaled homes, so the property is typical for its specific block, not an outlier.
2. The assessed value seems very low compared to city averages. Why?
The assessed value is for municipal tax purposes and is not market value. Its low assessment relative to the citywide average is consistent with older, smaller homes in established neighborhoods and contributes to a potentially lower property tax burden.
3. What should I infer from the unrenovated basement?
This is a clear indicator of a project space. It provides functional storage or utility space as-is, but any finished living area, legal suite, or modern amenity would require a significant investment and proper permits.
4. The home sold in September 2023. How is that price history useful?
The sold price range provides a recent benchmark for what a buyer was willing to pay, offering a grounded reference point for the current market value, especially when compared to its assessed value.
5. Who might the "similar assessed value" properties be relevant for?
These listings are useful for investors or buyers focused strictly on tax liability or valuation metrics. However, as they are in different neighborhoods, they highlight that assessment value alone doesn't equate to similar property type, condition, or location desirability.