Property Overview: 116 Noble Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This is a substantial, well-maintained two-and-a-half storey home built in 1914, offering nearly 2,000 square feet of living space. Its primary appeal lies in its generous size and established location. The home stands out significantly within its immediate neighborhood, ranking in the top 2% for living area on Noble Avenue and the top 4% within Glenelm, meaning it offers more interior space than most comparable homes nearby. It features a renovated basement, adding to its functional space.
The property suits buyers looking for character and space in a mature neighborhood without the premium price tag of newer, sprawling lots. It’s ideal for someone who values interior square footage over a large yard, as the lot size is fairly typical for the area. A thoughtful perspective is that while its city-wide assessed value ranking is lower, this primarily reflects the home’s location in an older, established part of the city compared to newer suburbs, not necessarily its condition or desirability. This can represent a value opportunity for buyers prioritizing house size and neighborhood character over a large property lot.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in December 2020 for an estimated $26.5k to $29.5k, which aligns closely with its current assessed value of $27.90k. This suggests the assessment is in line with recent market activity on this street.
2. What does the "top 2% for living area" ranking mean practically?
It means that among 111 comparable homes on Noble Avenue, only a handful are larger. You are getting a home with more interior space than 98% of its direct peers, which is a significant advantage in this neighborhood.
3. Is the older year of build (1914) a concern?
The home is around the average age for the Glenelm area, where many homes were built in the early 20th century. While systems like wiring and plumbing may need updating, the age itself is typical and contributes to the neighborhood's established character.
4. Why is the city-wide ranking for land area so much lower?
The lot is just under 3,300 sqft, which is standard for central, older neighborhoods like Glenelm. The "below average" city-wide ranking reflects comparisons to modern suburban lots, which are often much larger. It’s a trade-off for a central location.
5. How can I get the exact historical sold price?
The exact sale price is not publicly posted. You can request it directly via the email prompt on the listing page. The service provides the accurate figure manually and does not use your email for unsolicited marketing.