Property Overview: 83 Fifth Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic two-storey home built in 1917, offering a blend of established character and practical space on a generous lot. With 1,122 sqft of living area, it provides comfortable room for a small family or couple. Its key appeal lies in its above-average land size (over 6,100 sqft), which is a standout feature in the Glenwood neighbourhood, offering valuable outdoor space and potential. The home includes a basement and a detached garage.
The property suits buyers looking for a solid, no-frills home in a mature neighbourhood, where the value is anchored more in the land and location than in high-end finishes. It’s ideal for a handy buyer or someone with a vision for gradual updates, as the basement is noted as not renovated. The assessed value is modest compared to the city-wide average, positioning it as an accessible entry point into the Winnipeg market. A thoughtful perspective is that this home represents a canvas: its century-old charm and larger lot offer a foundation for personalization that newer, smaller lots in pricier areas often cannot.
Section 2: Frequently Asked Questions
1. What is the actual selling history?
The data shows a sale occurred in August 2021 for an estimated range of $275,000 to $305,000. For the precise sale price, you can request the exact history via email from the listing source.
2. How does the property compare to others in the area?
The home is consistently "around average" for its street and neighbourhood in terms of living space and assessed value. Its most competitive feature is the land area, which ranks in the top 9% in Glenwood, meaning the lot is significantly larger than most nearby properties.
3. What should I know about the home’s age?
Built in 1917, the home is older than most in Glenwood and Winnipeg. This suggests potential for character but also means systems (like plumbing, electrical, and the foundation) should be carefully inspected for age-related updates or issues.
4. Is the basement finished?
No, the basement is noted as "not renovated." This means it is likely in a functional but basic state, presenting both a project and an opportunity to customize the additional space to suit your needs.
5. What is the potential here for a buyer?
The primary potential lies in the combination of a large lot and a solid, older home. The generous outdoor space allows for gardening, expansion, or additions subject to zoning. The home itself, while not recently renovated, provides a affordable structure to update over time, building equity through both the land value and improvements.