Property Overview: 231 Glenwood Crescent, Glenelm
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1931, offers a blend of established neighbourhood charm and practical updates. Its key feature is a renovated basement, adding valuable finished living space to the home's 1,557 sqft footprint. While the lot size is more compact than others on the street, it is above average for the Glenelm area, suggesting a manageable yard with less maintenance. The detached garage provides flexible storage or workshop space.
The appeal lies in its position within the sought-after Glenelm neighbourhood, known for its character and community feel. The home presents a practical opportunity: it has been updated where it counts (the basement), yet retains the classic structure that buyers in this area often seek. The data suggests it’s a home with above-average living space for the area, paired with a below-average assessed value for its street, which could indicate potential value for a buyer.
This property would suit a buyer looking for a character home in a mature neighbourhood without taking on a massive, high-maintenance lot. It’s ideal for small families, couples, or individuals who appreciate a renovated, move-in-ready space downstairs but are comfortable with a home that has a classic layout and era-appropriate features upstairs. It’s a solid, grounded choice rather than a luxury offering.
Frequently Asked Questions
1. What does the assessed value tell us about the property?
The assessed value is notably lower than the street average but higher than the neighbourhood average. This often reflects the home’s specific attributes (like lot size and condition) relative to others. It doesn't dictate market price but suggests it may be evaluated differently than larger-lot properties on the same block.
2. How does the living space compare practically?
At 1,557 sqft, the living area is above average for both Glenelm and Winnipeg overall. Combined with a renovated basement, this means the home likely offers more usable, modern space than many comparable character homes, which is a significant functional advantage.
3. Is a 1931 home a concern?
The year built (1931) is actually above average for Glenelm, meaning it’s a relatively newer home in this historic neighbourhood. While all century-old homes require diligent maintenance, this one isn’t among the oldest in the area. The renovated basement is a positive sign of ongoing updates.
4. What’s the implication of the lot size ranking?
The lot is smaller than most on Glenwood Crescent but larger than typical Glenelm lots. For buyers, this means you get the prestigious street address without the extensive yard work that comes with the largest plots, striking a balance between presence and practicality.
5. Can I find out the exact historical sale price?
Yes, but the exact sold price from June 2019 is not publicly listed in detail here. The provider offers to send the precise figure manually via email upon request, free of unsolicited marketing, as they compile this data separately from public records.