Property Overview & Appeal
119 Ellesmere Avenue is a classic one-storey home in Winnipeg's Glenwood neighbourhood. Its key characteristic is a generous 5,121 sqft lot, which is notably larger than most on its street and in the immediate area. The 742 sqft living space is compact, positioning the home below the citywide average for size, but it features a renovated basement. Built in 1924, the home is older than many comparables, but its assessed value is in line with local averages.
The primary appeal lies in its land size and location. This property suits a buyer looking for a manageable, single-level home with significant outdoor space for gardening, expansion, or simply enjoying a larger yard in a mature neighbourhood. It’s a practical entry point into homeownership where the value is anchored more in the land than in the square footage of the structure. A thoughtful perspective is that this home represents a "blank canvas" opportunity—the lot offers potential for future additions or landscaping projects that a newer, more built-up property might not.
Frequently Asked Questions
1. Is the smaller living area a concern?
While the 742 sqft main floor is compact, the renovated basement provides additional functional space. The home's layout and efficient use of space will be key factors for comfort.
2. What does the assessed value indicate?
The assessed value is around average for Glenwood and on Ellesmere Avenue, suggesting the property is priced consistently within its local market, not as an outlier.
3. Are older homes like this a lot of work?
Built in 1924, the home will likely require diligent maintenance and updates over time. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation.
4. How does the large lot add value?
The lot is a standout feature, offering above-average outdoor space for the area. This provides privacy, room for recreation, and future potential, which are significant advantages in a mature neighbourhood.
5. What is the neighbourhood like?
Glenwood is a well-established area. The nearby sold properties show a mix of older and newer homes, indicating a stable, diverse community. The very close proximity of neighbouring houses (13-36 meters) is typical for the area and suggests a close-knit streetscape.