Property Overview: 28 Ellesmere Avenue, Glenwood, Winnipeg
Key Characteristics & Buyer Appeal
This is a compact, one-storey home built in 1914, offering a classic Winnipeg character. With 720 sqft of living space and a detached garage, it sits on a standard city lot of just over 3,000 sqft. The home presents as a functional, no-frills property, with an unrenovated basement and no pool. Its assessed value is notably modest compared to city-wide averages.
The primary appeal lies in its position as an accessible entry point into the housing market. It suits first-time buyers, investors, or downsizers seeking a lower-cost footprint with the potential to add value through updates. A thoughtful perspective is its location on Ellesmere Avenue itself; while the home's metrics are below area averages, its lot size is actually around average for the street, suggesting the immediate block has a consistent, modest scale that may offer a more cohesive neighbourhood feel than newer, more varied subdivisions. The very low historical sold price indicates it has served as a long-term, affordable holding, appealing to those looking for a genuine fixer-upper without a premium for prior modernization.
Frequently Asked Questions
1. Is this a "tear-down" or a "live-in" property?
Given its age, size, and unrenovated state, it could be seen as either. Its viability as a live-in home depends entirely on a buyer's tolerance for original conditions and their renovation budget. The stable assessed value suggests it is considered a functional property, not just land value.
2. How does the low assessed value impact property taxes?
A lower assessed value typically results in lower municipal property taxes, which is a significant ongoing cost saving for a budget-conscious homeowner or investor.
3. What should I expect with a 110-year-old home?
While offering charm, be prepared for potential needs in foundational, electrical, or plumbing systems. An inspection is essential. The unrenovated basement also presents both a blank canvas and a potential source of moisture or insulation issues that may need addressing.
4. The sold price history seems extremely low. Is this accurate?
The listed sold price range is based on public data. For the exact figure, you must request it directly via the provided email service. Such low prices can sometimes reflect non-arms-length transactions or unique seller circumstances and may not fully represent current market value.
5. Who are the most likely neighbours in a home like this?
Given the home's profile and the street's consistency, neighbours are likely to be a mix of long-term residents, other first-time homeowners, and possibly rental tenants. This can create a stable, unpretentious community atmosphere.