72 Pilgrim Avenue

Property Overview: 72 Pilgrim Avenue, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home in Winnipeg's Glenwood neighborhood, built in 1924. With 696 square feet of living space and an unrenovated basement, it is notably smaller than most homes in the area and citywide. The lot size of 3,568 sqft is more in line with the local street average. A detached garage is a key feature. Its assessed value is significantly below area and city averages.

The primary appeal lies in its position as an accessible entry point into the market. It suits first-time buyers, investors, or downsizers seeking a lower-cost footprint with the potential to add value through updates. The mature neighborhood and standard-sized lot offer a traditional setting. A thoughtful perspective is that its below-average metrics across size, value, and year built present a clear, unvarnished project opportunity without the premium often attached to "character" homes, allowing renovation budgets to be allocated purely to modernization rather than also paying for perceived charm.

Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The listed assessed value is for municipal tax purposes and is consistently shown to be below local averages. Market value is determined by recent sales, condition, and demand.

2. What does "below average" for the Year Built mean?
The home, built in 1924, is older than most in its comparison groups. This typically suggests potential for older building materials and systems that may require inspection or updating, but it also indicates a well-established neighborhood.

3. How usable is the basement?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate it being in a rough or utility state, not a finished living space, and budget accordingly for any desired improvements.

4. The home seems small. How does it compare?
At 696 sqft, it is smaller than over 80% of comparable homes in Glenwood and citywide. This confirms it is a compact property, best suited for those with modest space needs or those viewing it as a strategic starting point.

5. Where can I find exact historical sold prices?
The listing notes that exact sold prices are provided upon request via email, as the public data shows estimated ranges. The site commits to providing accurate figures manually without using the request for unsolicited marketing.