Property Overview: 101 Humboldt Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Glenwood neighborhood, built in 1949. With 735 sqft of living space, it is notably smaller than most homes in the city, but it sits on a standard-sized lot of just over 4,500 sqft. A key feature is its renovated basement, adding functional space. The home’s assessed value is modest and sits around the average for its immediate street and neighborhood, suggesting it is priced accessibly within its local context.
The primary appeal lies in its efficiency and practicality. It represents a straightforward entry point into homeownership, likely with lower utility costs and maintenance demands due to its size. The renovated basement offers immediate value, potentially serving as a rental suite, family room, or workspace. It would suit first-time buyers, downsizers looking to simplify, or investors seeking a manageable rental property. A less obvious perspective is that its older construction date (1949) is actually above average for Humboldt Avenue, indicating it may be among the more established homes on the block, potentially with a mature landscape. Its recent sale in mid-2024 also suggests a current, market-tested value.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 735 sqft, the living area is below average for the Glenwood neighborhood and significantly smaller than the typical Winnipeg home. This makes it a more compact, efficient living space.
2. What does the assessed value tell me?
The assessed value of $27,700 is around the average for both Humboldt Avenue and the Glenwood area, but below the citywide average. This indicates the home is priced consistently within its immediate community.
3. Is the basement included in the living area square footage?
No, the 735 sqft figure refers to the main living area above grade. The basement is separate, and its renovated state is a key feature adding usable space to the property.
4. The home sold recently in 2024. What does that mean?
The sale in July 2024 provides a very recent market price (in the $34.5k-$37.5k range), offering a clear, up-to-date benchmark for its value, which can be more relevant than the older assessed value figure.
5. Who might this property not suit?
It may not suit buyers needing multiple bedrooms, dedicated home office spaces, or those who prefer a large, open-concept modern layout. The smaller overall footprint requires efficient use of space.