Property Overview: 105 Morier Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Glenwood neighborhood, built in 1938. Its key characteristic is a significant contrast: the living area is modest at 704 sqft, ranking below average for the area, but it sits on a notably larger-than-average lot of over 5,000 sqft for its street and neighborhood. The home features a renovated basement and a detached garage.
The appeal lies in this land-to-building ratio. It presents an opportunity for buyers comfortable with a smaller, efficient interior footprint who value generous outdoor space for gardening, recreation, or future expansion. The renovated basement adds functional living space. Its assessed value is solid for Glenwood, indicating it is reasonably positioned within the market.
This property would best suit a first-time buyer, a downsizer, or a practical investor looking for a land-advantaged property in a well-established area. It’s less suited for those requiring substantial above-grade living space immediately. A thoughtful perspective is that this home offers the rare chance to own a piece of land more typical of an older suburb, with the potential to customize or expand over time, all while maintaining a lower initial property tax base tied to its current assessed value and smaller structure.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 704 sqft, the above-grade living space is compact. However, the renovated basement provides additional functional area. The layout and usability will depend heavily on the floorplan, which should be evaluated in person.
2. What is the real advantage of a large lot here?
Beyond private outdoor space, a larger lot in an established neighborhood like Glenwood is a long-term asset. It offers potential not just for enjoyment, but for future projects like a garden suite, a major addition, or simply retaining more privacy and greenery than nearby properties.
3. How does the assessed value compare to likely selling price?
The assessed value is for municipal tax purposes. The recent sold price history (Mar 2025: ~$30.5k-$33.5k) suggests the market price is closely aligned with its assessed value, which is above average for Glenwood. This indicates stable, recognized value in its immediate context.
4. What should I know about a home built in 1938?
While the basement has been renovated, the core structure is 88 years old. A thorough inspection is essential to understand the condition of major systems (roof, wiring, plumbing, foundation) and any needed updates or maintenance unique to its era.
5. Are the sold prices for nearby homes comparable?
The provided nearby sales (e.g., 49 Egerton Rd at $24.2k) are for reference only. Direct comparisons are difficult without knowing their condition, size, and lot specifics. 105 Morier’s value proposition is distinct due to its large lot size relative to its living area.