Property Overview: 67 Handyside Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-and-a-half storey home built in 1949 in the Glenwood neighbourhood. Its key characteristics are its compact size (768 sq ft of living space), an unfinished basement, and a standard lot size for the area (just over 4,500 sq ft). The home lacks a garage or pool.
The primary appeal lies in its position as an entry-point property. With a historically low assessed value and sold price, it represents one of the most accessible homeownership opportunities in the city. Its appeal is practical and financial, not based on luxury or size. The lot offers potential for future expansion or outdoor space, which is a notable asset given the home's smaller footprint.
This property would best suit a first-time buyer, an investor looking for a straightforward rental, or someone seeking an extremely low-cost holding property. It’s for a buyer whose priority is securing a foothold in the market with minimal upfront investment, and who is comfortable with a home that requires updates and offers compact living. A thoughtful perspective is that this home’s below-average metrics in size and value could be framed as efficiency—it may offer a simpler, more manageable lifestyle with lower property taxes and utility costs compared to larger, average-priced homes.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's modest size, age, and basic condition relative to the broader Winnipeg market. It is in line with, though slightly below, the average for its immediate street and neighbourhood.
2. What does "below average" for living area mean for daily life?
It means the home's interior is compact. Efficient use of space is essential. It may suit individuals, couples, or those comfortable with cozy quarters, but families may find it restrictive without considering a future expansion.
3. Is the unfinished basement a drawback or an opportunity?
It's both. It lacks finished living space, which affects immediate livable square footage. However, it presents a clear opportunity for future renovation to add value and space, subject to budget and permits.
4. How does the lot size compare, and does it add value?
The lot is average for Glenwood. While not oversized, it provides decent outdoor space and is a key asset, as the potential for addition or redevelopment lies primarily with the land, not the current structure.
5. The last recorded sale was between 2016-2025. How can I get the exact price?
Exact sold prices are not publicly displayed in detail here. You can request the precise sale history by emailing the listing service directly, as noted in the property details.