Property Summary: 80 Harrowby Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Glenwood neighbourhood, built in 1924. Its key characteristic is its modest scale, with a living area of 672 sqft, which is notably smaller than most homes on its street, in the area, and city-wide. The assessed value of $220k reflects this, positioning it well below local averages and making it one of the more accessible entry points into the market. The lot size of 3,850 sqft is fairly typical for the immediate area.
The primary appeal lies in its value proposition and potential. It represents a genuine starter home or a strategic investment property, with a price point that allows for equity building without a massive initial mortgage. The basement exists but is not renovated, presenting a clear opportunity for future expansion or customization to add value. It would suit first-time buyers comfortable with a "blank canvas" home, practical investors looking for a rental property with manageable overhead, or downsizers seeking a simple, low-maintenance footprint without leaving the neighbourhood. A less obvious perspective is that its smaller size and older vintage could mean lower utility costs and a simpler, more manageable renovation scope compared to a larger, more complex modern home.
Section 2: Frequently Asked Questions
1. Is this a "tear-down" or a liveable home?
Based on the assessed value and sold history, it is likely a liveable, functional home. The description of an unrenovated basement suggests it's operational but in need of updates, not a derelict property.
2. Why is the assessed value so much lower than the area average?
The assessed value is strongly tied to the home's relatively small square footage and its unrenovated state compared to peers. It's priced for its current condition and size, not for potential.
3. What are the main considerations for a buyer here?
The two main factors are space and renovation. Buyers must be comfortable with the smaller living area and be prepared for the cost and effort of modernizing the basement and likely other parts of this 100-year-old home.
4. How does the lot size impact future potential?
The lot is standard for the street. It provides adequate outdoor space but is not unusually large, so any significant expansion (like a large addition) would need to respect zoning bylaws and may be limited.
5. Where can I find the exact historical sold prices?
The listing notes that exact sold price data is not publicly displayed. You must request it directly via the provided email button, after which the site manually sends the information.