Property Overview: 53 Harrowby Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Glenwood presents a straightforward, entry-level opportunity in the Winnipeg market. Its key characteristics include an 840 sqft living area, an unfinished basement, and no garage, situated on a modest 2,563 sqft lot. Built in 1922, it is notably older than most area homes.
The primary appeal lies in its affordability and position as a potential starter home or investment property. With an assessed value significantly below area averages, it offers a lower financial barrier to entry into a mature neighbourhood. Its smaller scale could suit those seeking minimal upkeep or a manageable footprint. A thoughtful perspective is that while the home ranks below average in size and value for the city, it is closer to the norm within its immediate street and neighbourhood, suggesting it fits the local context of older, more compact housing stock. This property would best suit first-time buyers comfortable with a home requiring updates, practical investors looking for a rental property, or downsizers seeking a no-frills, single-level living option.
Section 2: Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value (listed as $22.30k) is for municipal tax purposes and is typically much lower than the expected market sale price. Recent sold price data for this home suggests a market value in a significantly higher range.
2. What should I know about a house built in 1922?
Expect character common to early 20th-century construction, along with the potential for aging infrastructure. A thorough inspection is essential to evaluate the condition of original elements like wiring, plumbing, and the foundation. The unfinished basement may allow for easier assessment of these systems.
3. How does the lack of a garage and smaller lot impact daily living?
This means on-street parking and limited private outdoor space. It simplifies exterior maintenance but requires consideration for vehicle storage, especially in winter. The smaller lot can be a benefit for those who want minimal yard work.
4. The home seems small compared to city averages. Is the space practical?
At 840 sqft, the living area is compact but is actually closer to the average size for older homes in Glenwood. The layout and the potential of the unfinished basement for storage or future development are key factors in its practicality.
5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly displayed in detail here. As noted on the listing, you can request the precise sale history by email, which will be provided manually without marketing spam.