72 Harrowby Avenue

Property Overview: 72 Harrowby Avenue, Winnipeg

Key Characteristics & Buyer Appeal

This one-and-a-half storey home in Glenwood is a classic Winnipeg character property, built in 1912. With 856 sqft of living space and a 2,566 sqft lot, it presents a manageable scale. The home features a basement that is noted as being unrenovated and does not include a garage or pool.

Its primary appeal lies in its position as a relatively affordable entry point into the Winnipeg market, with an assessed value significantly below area and city averages. This is a home for a buyer who values potential over perfection. It suits a first-time buyer, an investor looking for a character rental, or a hands-on owner who sees the charm in an older home and is prepared for the maintenance and gradual updates that come with it. A less obvious perspective is that its smaller size and lot, while below city averages, offer lower utility costs and less upkeep, which can be a practical advantage. The data suggests it's a historically priced home in its immediate area, which could indicate a stable, established neighbourhood feel.

Frequently Asked Questions

1. What does "Yes, not renovated" for the basement mean?
This indicates the basement exists but is in original or unfinished condition. Buyers should budget for potential updates and consider a thorough inspection for moisture, insulation, and foundational integrity common in homes of this era.

2. How should I interpret the ranked metrics (e.g., Top 83% for Value)?
These rankings compare this property against others. For example, "Top 83% for Assessed Value on Harrowby Avenue" means its value is in the bottom 17% for the street—it's priced lower than 83% of comparable homes on the avenue. This highlights its affordability but also that it's a value proposition relative to its immediate neighbours.

3. The last recorded sale price seems very low ($18.5k - $21.5k in 2017). Why?
This historically low sale price likely does not reflect a standard market transaction. It could indicate a sale between family members, a lot value transaction, or a sale with significant underlying conditions. It is not a reliable indicator of current market value, which is better reflected by the 2025 assessed value and recent comparable sales.

4. What are the implications of the home's age (1912)?
A 114-year-old home offers character but requires diligent attention. Key considerations include the condition of the original wiring, plumbing, roof, and windows. An updated furnace and insulation would be major positives. A specialized inspection is highly advisable.

5. With no garage, what are the parking options?
Parking would be limited to on-street. Prospective buyers should visit at different times to assess street parking availability and review any city permit requirements or seasonal parking restrictions that may apply.