Property Overview
41 Hespeler Avenue is a compact, one-storey home in Winnipeg's Glenelm neighbourhood. Built in 1945, it features 832 square feet of living space and sits on a standard city lot of just over 3,000 square feet. A key update is its renovated basement. The home lacks a garage or pool. Its assessed value is modest compared to the city-wide average but is typical for its immediate area.
Section 1: Key Characteristics & Appeal
This home’s primary appeal lies in its simplicity and location. It represents an affordable, low-maintenance entry point into the established Glenelm community. The renovated basement adds functional living space, which is a significant asset in a smaller home. While its living area is below average for the neighbourhood and city, its assessed value and recent sale price are squarely in line with nearby homes on Hespeler Avenue, suggesting it’s priced appropriately for its specific street and scale.
It would suit first-time buyers, downsizers, or investors seeking a straightforward, character-home in a mature neighbourhood without the upkeep of a larger property. A thoughtful perspective for the right buyer is that a smaller, efficiently designed home on a standard lot can offer a cozy living experience with lower utility costs and less space to maintain, allowing for more time and resources to enjoy the community.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 832 sqft, the living area is below the neighbourhood average. However, the renovated basement provides additional usable space. This layout suits those looking for a cozy, efficient home rather than a sprawling one.
2. How does its value compare?
Its assessed value is very typical for Hespeler Avenue itself and the broader Glenelm area. While well below the Winnipeg city average, this reflects the home's size and the neighbourhood's overall affordability rather than an outlier condition.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. A buyer should verify the scope of work, permits, and whether it includes a legal secondary suite or simply finished living space.
4. Is there parking?
The home has no garage. Parking would be on-street, which is common for homes of this era in the area. It’s advisable to check local parking regulations for any restrictions.
5. The home is older; what should I be concerned about?
Built in 1945, major systems like the roof, plumbing, electrical, and foundation should be professionally inspected. The recent basement renovation should also be examined for proper waterproofing and compliance with building codes.