Property Overview: 18 Noble Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This is a compact, early 20th-century home (built 1914) that presents a practical opportunity in Winnipeg's Glenelm neighbourhood. Its key characteristic is its modest 720 sqft living area, which is notably smaller than most comparable homes on its street, in the area, and city-wide. However, it features a renovated basement and a detached garage. The assessed value is consistently around the average for its immediate locale, suggesting it is priced appropriately within its specific context.
The primary appeal lies in its efficiency and location. It suits a specific buyer: someone seeking an affordable entry into the housing market, a minimalist, or an investor looking for a manageable rental property. Its smaller size means lower utility costs and less maintenance, which can be a significant, less obvious advantage. While the land parcel is also smaller than average, this translates to less yard work. The recent basement renovation adds modern functionality without expanding the home's footprint. This property isn't for everyone, but for the right buyer, it offers a chance to own a maintained, character home in an established neighbourhood without the burden of excessive space or a premium price tag.
Frequently Asked Questions
1. Is the living space too small?
At 720 sqft, the home is significantly smaller than the average area home. It would best suit individuals, couples, or small families comfortable with efficient, cozy living. The renovated basement provides crucial additional flexible space.
2. How does the assessed value compare?
The assessed value (~$24,400) is very close to the average for Noble Avenue and Glenelm, indicating it is typical for this specific pocket of the city. City-wide, this value is below average, highlighting the affordability of the neighbourhood.
3. What is the property's history?
The home was built in 1914. Public sales data shows it has changed hands several times in recent years (2017, 2020, 2024), with a steady increase in sold price ranges over that period, reflecting market trends.
4. What are the neighbours like?
The nearby properties on Noble Avenue are of similar vintage (early 1900s). Listing data shows varied living areas and assessed values, indicating a mix of home sizes and conditions, typical of an older, established neighbourhood.
5. Why is the land area notable?
The lot is 2,499 sqft, which is below average for the street and city. This means a smaller yard to maintain—a drawback for those wanting extensive outdoor space, but a potential benefit for those seeking low-maintenance living.