111 Hart Avenue

Property Overview: 111 Hart Avenue, Glenelm, Winnipeg

Key Characteristics & Appeal

This is a classic two-storey home built in 1911, offering a renovated basement and 1,080 sqft of living space on a standard 3,198 sqft lot. Its core appeal lies in its established Glenelm neighborhood setting and its position as a straightforward, functional property. The data shows it is consistently "around average" for the immediate street and area in terms of size, land, and assessed value, indicating a home that fits comfortably within its community context without extreme outliers.

The property would suit a pragmatic first-time homebuyer or an investor looking for a character home in a mature neighborhood without the premium price of a larger or fully modernized property. Its below-average citywide assessments for value and lot size suggest it represents a more accessible entry point into the Winnipeg market. A thoughtful perspective is that this home offers the charm and stability of an older neighborhood, but likely requires a buyer comfortable with the maintenance realities of a 115-year-old structure and the potential for future updates. Its value is in its location and fundamentals, not in luxury finishes or expansive square footage.

Frequently Asked Questions

1. What does the assessed value tell me about the property tax?
The assessed value is significantly below the citywide average for comparable homes. This typically suggests relatively lower property taxes, which is a key ongoing cost advantage.

2. How does the renovated basement affect the home's value and use?
A renovated basement adds functional living space, which is a plus in a 1,080 sqft home. It's important to verify the quality, permits, and finish of the renovation, as standards can vary greatly in older homes.

3. With no garage, what are the parking options?
The listing indicates no garage. Buyers should confirm on-street parking regulations or the possibility of adding a driveway or pad, which may require a permit in this established area.

4. The home is older than most on the street. Should I be concerned?
Built in 1911, it is among the older homes on Hart Avenue. This can mean charming character but also a greater need for diligent inspection of major systems (plumbing, electrical, foundation) for updates or needed repairs.

5. The sold price history shows a significant jump between 2016 and 2021. Why?
The increase reflects broader market appreciation over that five-year period. For accurate pricing context, you should request the exact sold prices (as noted in the details) and compare them to similar homes sold very recently in Glenelm.