Property Overview: 38 Hart Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic 1913 two-and-a-half storey located in the Glenelm neighbourhood. Its key characteristic is a well-proportioned living space of 1,472 sq ft, which ranks in the top 10% for size on its street and top 18% within Glenelm, offering more room than many comparable local homes. The property includes a detached garage and a basement that is noted as unrenovated.
Its primary appeal lies in its established neighbourhood setting and efficient use of space on a modest 2,859 sq ft lot. The data suggests a buyer gets a relatively spacious interior for the area without the maintenance burden of a large yard. The assessed value is consistent with the immediate street and neighbourhood, indicating it is priced in line with local expectations rather than city-wide averages.
This property would suit a practical buyer looking for character in an established community, who values interior space over extensive outdoor land. It’s a sensible choice for someone comfortable with the upkeep of a century-old home and potentially interested in a basement project. The figures also suggest it could appeal to a value-conscious buyer seeking a footprint larger than the local norm without a corresponding premium in the assessed value.
Section 2: Frequently Asked Questions
1. How does the living space truly compare to other homes?
While the home’s living area is above average for both Hart Avenue and Glenelm, it is close to the city-wide average. This indicates you are getting a home that feels spacious within its immediate context.
2. What does the "below average" land area ranking mean practically?
The lot is smaller than most in the city and even on its street. This typically translates to less yard maintenance but may limit expansion possibilities or private outdoor space.
3. The assessed value seems low compared to the city-wide average. Why?
The city-wide average assessed value is skewed by newer, larger, or more expensive homes across all neighbourhoods. This home’s assessment is squarely in line with the averages for Hart Avenue and Glenelm, reflecting its local market position.
4. What is implied by the "basement, not renovated" note?
This indicates the basement is functional but finished to an older standard. Buyers should budget for updates if modernizing the space is important and consider it an opportunity to add value.
5. The home last sold in mid-2022. How useful is that price today?
The sold price range from 2022 provides a historical benchmark, but market conditions have likely shifted. It’s best used as a reference point for the home’s previous market value, not as a direct indicator of its current worth.