Property Overview
This 1928 one-storey home at 70 Harbison Avenue W in Winnipeg's Glenelm neighbourhood presents a specific and compelling opportunity. Its key appeal lies in its balance of a renovated basement, a detached garage, and a lot size that is typical for the area, all at an assessed value that stands out positively on its street. The home's 748 sqft living area is modest, placing it below the average for both the immediate area and the city, which defines its character.
The property suits a pragmatic buyer, such as a first-time homeowner or an investor, who prioritizes value and location over sheer square footage. Its above-average assessed value for the street suggests it is viewed as a solid asset within its immediate context. The renovated basement adds functional living space, a key upgrade for a home of this vintage. The appeal here is rooted in efficiency and potential rather than grandeur—it's a home for someone comfortable with a cozy footprint who sees value in a well-situated, updated property in an established neighbourhood.
Frequently Asked Questions
1. Is the living space too small?
At 748 sqft, the home is notably cozier than the average Winnipeg house. However, the renovated basement provides additional functional space. This layout suits individuals, couples, or small families who prioritize efficient living and lower maintenance.
2. What does the assessed value tell us?
With an assessed value significantly above the street average, the property is considered a higher-value asset on its block. This can be positive for equity but may also relate to property taxes. It indicates the home or its upgrades are recognized as superior to many direct neighbours.
3. How does the lot size compare?
The 3,561 sqft lot is very typical for Glenelm and on Harbison Avenue W. It offers standard backyard potential for the area but is below the much larger city-wide average, reflecting the neighbourhood's established, closer-knit character.
4. What is the significance of the home's age?
Built in 1928, the home is older than most on its street but is actually newer than many in the wider Glenelm area. Buyers should anticipate the maintenance typical of a near-century-old home, balanced with the charm and established location of an older neighbourhood.
5. Who would this property not suit?
This home is likely not ideal for those requiring substantial above-ground living space, multiple large bedrooms, or a sprawling yard. Its strengths are best matched with a buyer whose needs align with its efficient scale and valued position on its street.