Property Overview: 63 Harbison Avenue W, Glenelm, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1926, presents a straightforward opportunity in Winnipeg's Glenelm neighborhood. With 784 square feet of living space and a full, unrenovated basement, it is a compact property on a standard city lot. Its key appeal lies in its position as a modest, entry-level home in an established community. The data shows it is very typical for its immediate street and area in terms of size, lot, and age, but sits below the citywide averages, indicating a more affordable price point.
This property would best suit a first-time buyer, an investor, or a downsizer comfortable with a project. Its assessed value is notably lower than the city average, suggesting a lower barrier to entry. The appeal is not in grandeur, but in potential and location. A thoughtful perspective is that a home of average size for its street can feel more cohesive within the neighborhood fabric than a larger, outsized property. The unrenovated basement, while a project, offers a blank canvas for future finishing to add value and space according to a new owner's needs, rather than paying a premium for someone else's choices.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 784 sqft, this home is slightly below the average for the Glenelm area (~1,165 sqft) but is very typical for Harbison Avenue W itself, where comparable homes average 908 sqft.
2. What is the significance of the assessed value?
The assessed value of $21,700 is below both the Glenelm and citywide averages. This typically correlates with a lower municipal tax bill and can indicate a more accessible purchase price, though the final sale price is market-determined.
3. What does "basement not renovated" imply?
It means the basement is in original or utilitarian condition. It is a functional space but will likely require investment for modern finishing, insulation, or layout changes. This represents both a current cost-saving and a future opportunity.
4. Is the lot size a constraint?
The 3,223 sqft lot is standard for the area. It provides adequate outdoor space for a garden or patio without the extensive maintenance of a larger yard, which can be a practical benefit.
5. What can recent sale data tell me?
The home sold in June 2023 for an estimated $22.5k-$25.5k. This recent transaction provides a concrete benchmark for its market value under previous conditions, which is a useful starting point for understanding its current worth.