Property Overview: 48 Hespeler Avenue, Glenelm
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1944, presents a practical opportunity in Winnipeg's Glenelm neighbourhood. Its key appeal lies in a balanced, no-frills profile. With 1,044 sqft of living space, it sits around the average for the immediate area, offering a comfortable footprint for a smaller household or first-time buyer. A significant characteristic is the above-average land size for both the street and Glenelm, providing a more generous lot than many neighbouring properties—a valuable asset for future outdoor space or expansion.
The home suits buyers looking for an honest, entry-level property in an established community. Its assessed value is modest relative to the wider city, suggesting an accessible price point. The detached garage adds practical storage. It’s ideally suited for a handy buyer or an investor comfortable with a home that has a functional, unrenovated basement and the character of its era. The appeal here isn't luxury, but rather solid fundamentals: a decent-sized lot in a quiet neighbourhood, with the structure and space to build equity over time.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
The assessed value is notably below the Winnipeg city average, placing it in a more affordable tier. This indicates a potentially lower entry cost compared to many parts of the city.
2. Is the lot size a significant feature?
Yes. The land area is well above average for both Hespeler Avenue and the broader Glenelm neighbourhood. This is a standout feature, offering more private outdoor space than most comparable homes nearby.
3. What should I know about the condition?
The listing notes the basement is "not renovated." Prospective buyers should budget for potential updates or repairs and consider a thorough inspection to understand the state of major systems and the foundation.
4. How does the living space compare to the area?
At 1,044 sqft, the living area is very typical for Glenelm. It’s not a large home, but it is squarely in line with the neighbourhood's average, making it a standard offering for the community.
5. What is the historical sales context?
Public data shows a sale in July 2020 within a moderate price range. For the exact historical sold price, you can request the information directly via the provided email service on the listing page.