Property Overview: 79 Fifth Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Glenwood is a classic Winnipeg property built in 1944, offering a practical and grounded opportunity. Its primary appeal lies in its solid positioning within its immediate context. With 1,046 sqft of living space and a recently renovated basement, the home is functionally sized, sitting right around the average for both the street and the neighbourhood. The assessed value follows a similar pattern, being very typical for the Glenwood area.
A standout feature is the land. The 6,112 sqft lot is notably larger than most in Glenwood, ranking in the top 9% of the neighbourhood. This offers valuable outdoor space and potential that is less common in the area. The home suits a pragmatic buyer—perhaps a first-time homeowner, an investor, or someone seeking a straightforward property without extreme highs or lows. It’s for someone who values a larger yard over a modern, expansive house, and who understands the value of a home that aligns closely with its community's norms rather than standing out. Its recent sale history suggests it’s a actively traded property within its market segment.
Frequently Asked Questions
1. Is this a good value compared to the rest of the city?
The data shows this home’s assessed value is below the Winnipeg city-wide average, which is typical for its age and neighbourhood. Its value is much more aligned with—and average for—the Glenwood community, indicating it’s priced appropriately for its local market.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify with the seller or listing agent to understand if it’s a finished living space, a modernized utility area, or has legal suite potential.
3. How does the larger lot size benefit me?
A lot size in the top 9% for Glenwood provides more private outdoor space than most local properties. This could allow for larger gardens, recreational areas, or future expansion like a shed or garage, subject to city bylaws.
4. The home is 80+ years old. What should I be concerned about?
While the basement has been renovated, the core structure and major systems (like plumbing, electrical, and the roof) are likely original or aged. A thorough home inspection is essential to understand the condition and anticipate potential maintenance or updates needed.
5. How can I find out the exact past sale price?
The listed sale price ranges are estimates from public data. The site offers to provide the exact sale price history via a manual email request, stating they do not use the contact information for unsolicited marketing.