50 Noble Avenue

Property Overview: 50 Noble Avenue, Glenelm, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1912, presents a classic Glenelm character home with a recently renovated basement. At 1,041 sqft, its living space is very typical for the immediate street and neighbourhood, offering a comfortable footprint for a smaller household. The lot is compact at 2,664 sqft, which is common for the area but smaller than the city average, resulting in lower maintenance.

The primary appeal lies in its established, tree-lined neighbourhood and its position as a solid, average-performing home within the very specific context of Noble Avenue and Glenelm. Its assessed value is modest and aligns closely with nearby homes, suggesting it is a financially accessible entry point into a desirable older neighbourhood. The renovated basement adds functional living space.

This property would best suit first-time buyers or downsizers seeking character in a mature community without the upkeep of a large yard. It’s for a buyer who values neighbourhood charm over square footage and prefers a home that is unassuming in its market segment—neither a standout nor a project, but a grounded, comparable option.

Section 2: Frequently Asked Questions

1. How does this home’s value compare?
Its assessed value is squarely average for Noble Avenue and Glenelm, but below the Winnipeg city average. This indicates you are paying primarily for the location and community, not for excessive size or newness, which can be an advantage for budget-conscious buyers.

2. Is the smaller lot size a disadvantage?
While the lot is smaller than many in the city, it is typical for central, established neighbourhoods like Glenelm. This means less yard work and lower exterior maintenance costs, which can be a positive for those seeking a simpler lifestyle.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand if it’s a finished living space, a modern utility area, or something in between.

4. As a 1912 home, what should I be mindful of?
While the basement has been updated, the core structure is over 110 years old. Prospective buyers should pay special attention to the condition of the main floor, original windows, electrical systems, and the roof. A thorough inspection is essential.

5. Are sold prices for nearby homes similar?
Recent sales on Noble Avenue and nearby streets show a tight range, with similar homes selling between approximately $20,500 and $23,500 in late 2020. This consistency suggests a stable, predictable market for these types of properties in Glenelm.