Property Overview
38 Pilgrim Avenue is a one-storey home in Winnipeg's Glenwood neighbourhood, built in 1929. Its key appeal lies in its balance of established character and practical updates. The home features a renovated basement, a detached garage, and the notable addition of a pool. With 985 sqft of living space, the house itself is modest and typical for its immediate area, but it sits on a larger-than-average lot for the street at over 5,000 sqft. This presents a clear opportunity: the value is in the land, the outdoor amenities, and the renovated spaces, rather than expansive square footage.
This property would suit a first-time buyer or downsizer looking for a manageable, updated home in a stable neighbourhood without a major renovation project. It also appeals to someone who values private outdoor space for gardening or entertaining, given the pool and lot size. The assessed value is positioned below the citywide average, suggesting a potentially accessible entry point into the market.
Frequently Asked Questions
Is the pool a major factor in the home’s value?
Yes, but it's a double-edged sword. It's a desirable private amenity for summer enjoyment, which is a significant perk. However, buyers should factor in ongoing maintenance costs, insurance implications, and the seasonal utility for Winnipeg's climate.
How does the lot size compare?
The land area is a standout feature for this specific street. At 5,096 sqft, the lot is above average for Pilgrim Avenue and Glenwood, offering more yard space than many neighbouring properties. This provides more privacy and room for outdoor activities.
The home was built in 1929. What should I be aware of?
While the basement has been renovated, the core structure is nearly a century old. A thorough inspection is essential to understand the condition of foundational elements, the roof, wiring, and plumbing that may not have been part of recent updates.
How does the assessed value relate to the likely selling price?
The assessed value for taxation purposes ($28.20k) is not a market price. It is consistently below average for Winnipeg. The actual selling price will be determined by current market conditions, the home's updated features, and the desirable lot size.
What is the neighbourhood like?
Glenwood is an established, mature neighbourhood. The home's metrics show it is very typical for this area in terms of size and value, indicating a consistent and stable community without extreme highs or lows, which can be appealing for long-term stability.