Property Overview & Key Characteristics
This one-storey home at 116 Handyside Avenue in Winnipeg's Glenwood neighbourhood presents a practical opportunity. Built in 1950, its 1,110 sqft living area is typical for the local area. The standout feature is the land: at 5,528 sqft, the lot size is well above average for both the street and the broader Glenwood area, offering significant outdoor space. The home includes a renovated basement and a detached garage.
Its appeal lies in its generous lot within a mature neighbourhood, offering potential for gardening, expansion, or simply more private outdoor living. The renovated basement adds functional living space. The property’s assessed value is notably below the citywide average, which may indicate a value-conscious entry point into the market.
This home would suit a first-time buyer or a downsizer looking for a manageable single-level layout with a low-maintenance exterior, but who still values a sizable yard. It’s also a fit for a buyer with a vision for future improvements, where the land itself is a key asset.
Frequently Asked Questions
1. How does the lot size compare to others?
The 5,528 sqft lot is a key feature. It ranks in the top 14% in Glenwood and the top 7% on Handyside Avenue itself, meaning it's significantly larger than many neighbouring properties.
2. Is the assessed value a good indicator of the likely selling price?
Not directly. The assessed value for taxation purposes is below both the city average and recent local averages. Market conditions, the home's condition, and its desirable lot size will ultimately determine the sale price.
3. What does "renovated basement" typically mean in a home of this era?
While specifics should be verified, in a 1950s home this often means updated finishes, improved moisture control, and the creation of a legal or comfortable living space, adding valuable square footage.
4. Who might find the "one storey" layout particularly beneficial?
Beyond those seeking minimal stairs, this layout is often easier and more cost-effective to maintain, heat, and cool. It also offers clear potential for accessible design modifications if needed.
5. The home is older—what should be a priority inspection?
Given its age, focus should be on the foundation, roof, plumbing, and electrical systems to understand the state of major components, even with a renovated interior. The detached garage should also be checked for condition.