Property Overview: 141 Glenwood Crescent, Glenelm, Winnipeg
Key Characteristics & Appeal
This is a substantial, character-filled home in the sought-after Glenelm neighbourhood. Its primary appeal lies in its generous 2,583 sqft of living space, which ranks it within the top 2% of homes on its street and the top 1% within Glenelm itself. The home features a renovated basement and a detached garage, set on a well-sized 4,861 sqft lot. Built in 1912, it is a classic Two & 1/2 Storey design, offering the charm and solid construction of its era alongside modern updates.
The property’s standout characteristic is its impressive square footage relative to its peers, providing rare interior space for the area. While its assessed value is notably high for the immediate street and neighbourhood, it aligns more closely with city-wide averages, suggesting a premium for its location, size, and condition. This home would ideally suit buyers looking for established character, ample room for a growing family or home office needs, and a prime location in a mature, tree-lined community. It’s for those who value space and location over a newer build and are prepared for the stewardship of a century-old home.
Frequently Asked Questions
1. Why is the assessed value so much higher than neighbouring homes on the street?
The assessed value reflects the property’s significantly larger living area, its renovated condition, and the overall desirability of the Glenelm neighbourhood. It is evaluated as a premium property within its context.
2. What should I know about maintaining a home built in 1912?
While offering great charm, a home of this age may have older systems (like plumbing or electrical, unless updated) and requires a proactive maintenance approach. A thorough inspection is essential to understand the condition of the structure, foundation, and roof.
3. How does the lot size compare to others in Glenelm?
At 4,861 sqft, the lot is above average for the Glenelm neighbourhood, providing good outdoor space. However, it is slightly below the average for Glenwood Crescent itself, where lots are generally larger.
4. Is the sold price history from 2019 relevant today?
The 2019 sale price provides a historical benchmark, but market conditions have likely changed. It’s best used as a reference point for the property’s trajectory, not as a direct indicator of current value.
5. What is the neighbourhood of Glenelm like?
Glenelm is a mature, established neighbourhood known for its quiet, leafy streets, character homes, and strong sense of community. It is centrally located with good access to amenities, parks, and schools, making it a consistently desirable area.