Property Overview: 49 Noble Avenue, Glenelm, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic two-storey home built in 1913, offering 1,200 sqft of living space on a modest 2,685 sqft lot. Its key appeal lies in its established Glenelm neighbourhood and its position as a relatively affordable entry point into the Winnipeg market. The home presents a straightforward opportunity: it has an unrenovated basement and no garage, which means the price reflects a property ready for personalization.
The data reveals a nuanced story. While the living area and age are average for the street and area, its assessed value ranks above average locally, suggesting the lot and location on Noble Avenue hold solid value within Glenelm. However, compared to the wider city, the lot size is smaller and the home is older, highlighting its character as a classic, compact inner-city property.
This home would best suit a pragmatic first-time buyer or an investor looking for a lower-priced asset in a stable neighbourhood. It’s for someone who sees potential rather than perfection, and who values location and lot over square footage. The unrenovated basement offers a clear, if not immediate, project to increase living space or utility.
Section 2: Frequently Asked Questions
1. What does "above average assessed value for the street" actually mean?
It means that, compared to other homes on Noble Avenue, the city’s assessment of this property’s value is in the top 23%. This often reflects a combination of the specific lot, the building’s condition, and its position on the block, rather than just size or age.
2. How significant is the smaller lot size?
At 2,685 sqft, the lot is below average for both the street and the city. This typically means a smaller backyard and potentially less outdoor private space. For some, this translates to lower maintenance; for others, it may be a limitation for gardening or expansions.
3. The home last sold in 2017 for a price shown as a range. Why is that?
The exact sale price is not publicly listed in all records. The range provided is based on available data. For the precise historical sale price, you can request it directly via the email link provided on the listing page.
4. What are the implications of an unrenovated basement?
This indicates the basement is in original or functional condition, not modernized. It offers usable space but will likely require investment for finishing, moisture-proofing, or updating mechanical systems to suit modern living standards or to create a legal suite.
5. With no garage, what are the parking options?
The property likely relies on on-street parking. It’s advisable to check local parking regulations with the city to understand any restrictions or permit requirements, which is common in older neighbourhoods.