Property Overview: 18 Hart Avenue, Glenelm, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1921, situated on a standard city lot in the established Glenelm neighbourhood. Its key characteristic is its modest scale, with 773 sqft of living space, which is notably smaller than most comparable homes in the area and citywide. This is balanced by a recently renovated basement, adding functional space, and a detached garage.
The appeal lies in its efficiency and location. It represents a more affordable entry point into a mature neighbourhood, potentially suiting a first-time buyer, an investor, or someone seeking a lower-maintenance footprint without sacrificing a detached home with a yard. The home’s assessed value is very typical for its immediate street and neighbourhood, suggesting it’s priced in line with local expectations rather than being an outlier.
This property would best suit a pragmatic buyer who values location and lot ownership over square footage. It’s a home where the renovated basement and garage offer practical utility, making the smaller main-floor living area more workable. It’s less suited for those requiring significant room to grow or who prefer modern, open-concept layouts typical of newer builds.
Section 2: Frequently Asked Questions
1. Is the low square footage a major drawback?
It depends on your needs. While the living area is below average, the renovated basement effectively expands the usable space. For a single person, couple, or small investor, the layout may be sufficient, especially when considering the value relative to the neighbourhood.
2. How does the assessed value compare to likely selling price?
The assessed value ($23,600) is a municipal figure for tax purposes and is typically much lower than market value. Recent sales data for similar homes in Glenelm show selling prices significantly higher, indicating that assessments are not a direct guide to market price.
3. What are the implications of the home’s age (105 years)?
The age, while above average for the street, is common for Glenelm. It suggests potential for classic architectural charm but also means prospective buyers should budget for ongoing maintenance and consider the condition of major aging components like the roof, plumbing, and wiring.
4. The data shows a sale in 2019. What does that indicate?
The property sold for an estimated $18.5K–$21.5K in 2019. This historical price highlights significant market appreciation since then and underscores that the current assessed value is not a recent sale price.
5. How does this home fit within the Glenelm neighbourhood?
It is a very typical home for Glenelm in terms of age, assessed value, and lot size. Its smaller living area makes it somewhat unique, offering a different value proposition—often a lower price point—within the same desirable streets as larger homes.