Property Overview: 128 Hart Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1940, offering a straightforward living space of 824 sqft on a well-sized 3,299 sqft lot. Its key appeal lies in its position as an affordable entry point into the established Glenelm neighborhood. The home presents a practical, no-frills opportunity: the basement exists but is not renovated, there is no garage or pool, and the assessed value is notably below city averages. This translates to lower property taxes, a significant ongoing savings.
Its strongest suit is the land. The lot size is above average for its street and neighborhood, offering valuable outdoor space and future potential in a mature area. While the living space is modest compared to area averages, the newer construction date (for the street) could suggest a structurally sound foundation or fewer legacy issues than some neighboring homes.
This property would best suit a first-time buyer, an investor, or a downsizer seeking a low-maintenance footprint with a manageable financial commitment. It’s for someone comfortable with a home that requires updates, values a larger yard over a large interior, and prioritizes location and lot potential over immediate move-in readiness.
Frequently Asked Questions
1. What does "basement, not renovated" typically mean?
It indicates the basement is unfinished or in original condition. It likely provides essential utility space and storage but would require investment to become a finished living area.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's modest size, condition, and features relative to the broader Winnipeg market. This is common for older, smaller homes in central neighborhoods and results in proportionally lower property taxes.
3. How does the lot size benefit a buyer?
A lot that's larger than many on the street provides more private outdoor space, better potential for gardening or additions, and could be a key value-driver for future appreciation.
4. What are the implications of having no garage?
Buyers should plan for street parking and consider the cost of adding a shed or carport for storage. In older neighborhoods like Glenelm, on-street parking is common but requires consideration for winter parking bans.
5. The sold price history shows a range. How can I get the exact figure?
The exact sale price from March 2024 is available upon request from the site. You can provide your email to receive the precise figure, as this data is manually verified from official records.