Property Overview: 77 Martin Avenue W, Glenelm
Key Characteristics & Appeal
This well-positioned two-storey home in Glenelm offers a compelling blend of space, value, and established neighborhood character. Its primary appeal lies in its generous 1,468 sqft living area, which ranks within the top 4% of homes on its street and the top 18% within Glenelm, offering above-average interior space for the immediate area. The home sits on a 3,600 sqft lot, providing a good balance of yard space and low maintenance. A renovated basement adds functional living area. Built in 1913, it is a classic example of the neighborhood's heritage, appealing to those who appreciate the charm and solid construction of a century home.
The property presents a clear value proposition, particularly for its location. Its assessed value is above average for the street and on par with the Glenelm average, yet it sits below the city-wide average, suggesting a more accessible entry point into a stable neighborhood. This home would suit a buyer looking for character and space over modern new-build finishes—someone ready to live in a solid home while potentially planning thoughtful updates over time. It’s ideal for those who value neighborhood feel over a sprawling lot, as the property offers community proximity within a walkable area.
Frequently Asked Questions
1. How does the home’s size compare to others?
With 1,468 sqft of living space, this home is significantly larger than most on its street (top 4%) and in the Glenelm neighborhood (top 18%). It offers more interior room than many comparable local properties.
2. What is the significance of the 1913 build date?
As a century-old home, it comes with the character and sturdy construction of its era. Buyers should budget for the maintenance typical of older homes, such as potential updates to windows, plumbing, or electrical systems, while appreciating the architectural details often found in homes of this period.
3. Is the assessed value a good indicator of the property tax?
The assessed value of $24,500 is used for municipal tax calculation. Notably, this value is above the street average but well below the current average for the entire city, which may result in relatively lower property taxes compared to many other Winnipeg homes.
4. What does the sold price history indicate?
The last recorded sale was in July 2017 for an estimated range of $225,000-$255,000. This historical data provides a benchmark, but the current market value will be influenced by recent renovations, market conditions, and the specific sale prices of similar homes sold in the past few months.
5. The lot size is noted as "below average" city-wide. Is this a concern?
This is a matter of perspective. While the 3,600 sqft lot is smaller than the Winnipeg average, it is very typical and even slightly above average for the Glenelm neighborhood. It offers a manageable yard space that aligns with the community's established, closer-knit street profile.