Property Overview: 96 Martin Avenue W, Glenelm, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home in Glenelm is a classic Winnipeg character property, built in 1913. Its key strength lies in its above-average living space (1,160 sq ft) and a recently renovated basement, offering more functional room than many homes on its street. The detached garage adds practical value. While the lot is modest for the area, this often translates to lower maintenance—a trade-off some buyers prefer.
The appeal is rooted in value and location. The home’s assessed value ranks highly within its immediate neighborhood, suggesting it is a solid proposition within Glenelm. It suits first-time buyers or downsizers seeking a character home in an established community without the upkeep of a large yard. It’s also a practical fit for those who prioritize interior space and updates (like the basement) over expansive outdoor areas. A thoughtful perspective: this property represents an entry point into a mature neighborhood where the value is driven more by the community and home condition than by land size.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the wider Winnipeg market?
While its assessed value is strong for Glenelm, it sits below the citywide average. This highlights Glenelm as a relatively affordable, established neighborhood compared to newer suburban areas.
2. What does the sold price history indicate?
The home sold in mid-2024 and previously in 2016. The increase in sale price over that period is consistent with general market trends. The specific price ranges suggest the property has been transacted at a market rate competitive for the street.
3. Is the smaller lot size a concern?
The lot is below average for Glenelm. This means less yard maintenance but also less private outdoor space. It’s a practical choice for those not wanting extensive gardening, but buyers seeking a large backyard should take note.
4. What should I know about a home built in 1913?
While offering classic charm, a home of this age will likely have older components (like original windows or plumbing) even with a renovated basement. A thorough inspection is essential to understand the condition of the structure and major systems.
5. Who are the nearest neighbors?
The listing shows several adjacent properties on Martin Avenue W, indicating a tightly knit block typical of older neighborhoods. This can foster a strong sense of community but also means homes are in close proximity.