Property Overview: 45 Handyside Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Glenwood presents a compelling blend of space, value, and location. Its key characteristic is a well-above-average living area of 1,292 sqft, placing it in the top 11% of homes on its street and top 18% within the Glenwood area. This suggests a home that offers more interior room than many of its neighbors. The appeal is further anchored by its strong value proposition; with a recent 2024 sale and an assessed value that ranks in the elite top 3% on Handyside Avenue, it demonstrates a history of commanding a premium relative to its immediate peers. The home sits on a standard city lot and features a renovated basement and a detached garage.
The property would suit buyers looking for a move-in-ready home with proven appreciation in a stable neighborhood. It’s particularly suited for those who prioritize interior square footage over a large yard and appreciate a home that stands out in its immediate vicinity for its size and assessed value. A thoughtful perspective is that while the home is older (built 1949), its renovated condition and strong performance metrics in its micro-market suggest it has been maintained as a solid, appreciating asset rather than a fixer-upper.
Section 2: Frequently Asked Questions
1. How does this home’s size truly compare to others?
While its living area is above average for both the street and Glenwood, it is close to the city-wide average. This indicates you get a notably spacious home for this specific, established neighborhood.
2. What does the "elite" assessed value ranking mean?
This means the home’s official assessed value is among the very highest (top 3%) on Handyside Avenue. It reflects the city’s valuation relative to direct neighbors, often influenced by recent sales, renovations, and lot desirability.
3. The home sold recently in 2024. What does that indicate?
The recent sale suggests a stable and transparent current market value. It also means the property may have seen updates prior to that sale, contributing to its move-in-ready state.
4. Is the detached garage a standard feature for the area?
For homes of this style and era in Winnipeg, a detached garage is common. It offers utility and storage, though buyers should consider the convenience of its placement relative to the house, especially in winter.
5. How should I interpret the year built (1949) with the renovated basement?
The 1949 build date indicates classic construction and potential for character. The renovated basement is a significant modern upgrade, adding functional living space and likely improving insulation and systems, which mitigates some concerns of an older home.