Property Overview
65 Fifth Avenue is a well-maintained, one-storey home in Winnipeg's Glenwood neighbourhood. Built in 1950, it offers 864 sqft of living space with a renovated basement and a detached garage. Its standout feature is the generous 6,112 sqft lot, which is notably larger than most in the area. The home presents a practical, grounded opportunity in a mature community.
Key Characteristics & Appeal
This property’s primary appeal lies in its balance of modest living space and significant outdoor potential. The renovated basement adds functional living area, while the large lot is a rare asset in the city, offering ample room for gardening, expansion, or simply private outdoor enjoyment. Its assessed value is consistent with the local area, suggesting a fair market position.
It would suit first-time buyers or downsizers looking for a manageable home without sacrificing yard space. It’s also a sensible fit for a buyer who values a quiet, established neighbourhood like Glenwood and sees potential in the land itself—whether for long-term enjoyment or as a future value driver in a city where larger lots are becoming scarce. The home is not oversized, making it efficient to maintain, and its average rankings on the street and in the neighbourhood indicate it’s a typical, integrated property rather than an outlier.
Frequently Asked Questions
1. How does the lot size compare to typical city lots?
The lot of 6,112 sqft is above average for both Glenwood and the city overall. It provides substantially more outdoor space than many properties in Winnipeg.
2. What is the condition of the home, given its age?
The home is 76 years old, which is around average for its immediate area. The basement has been renovated, but a thorough inspection is recommended to understand the condition of major systems and the structure.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value is one benchmark, but market conditions, the home’s specific features, and recent sales of comparable properties are more direct indicators of likely selling price.
4. What are the property taxes?
Property taxes are calculated based on the assessed value and the City of Winnipeg’s mill rate. You can estimate them using the current mill rate and the provided assessed value.
5. Can I get the exact historical sale price?
The listed sale price from August 2021 is a range. The exact sale price can be requested directly from SaveOnHouse via email, as noted in the property details.