Property Overview: 89 Bank Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Glenwood presents a practical and straightforward opportunity. Its key appeal lies in its balance of a generous, above-average lot size (over 5,000 sqft) and a recently renovated basement, paired with a manageable 785 sqft main-floor footprint. While the living area is modest compared to broader city averages, it ranks solidly within its immediate neighborhood on Bank Avenue. The home’s 1953 build date is notably older than many on its street, which can suggest a well-established streetscape and mature landscaping.
The property suits first-time buyers or downsizers seeking a lower-maintenance, single-level layout with clear renovation work already completed in the basement. It also appeals to value-focused buyers who prioritize land size over interior square footage, seeing potential in the sizable yard for gardening, expansion, or future outdoor living space. The detached garage adds functional storage or workshop space. Its assessed value is consistently around the average for its area, indicating a stable, non-speculative market position.
Section 2: Frequently Asked Questions
1. Is the house smaller than average?
Yes, the 785 sqft living area is below the average for both the wider Glenwood area and Winnipeg city-wide. However, it is closer to the average size for other homes directly on Bank Avenue itself.
2. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope. A prospective buyer should inquire about the permits, finish quality, and whether it includes legal secondary suite potential or simply additional living space.
3. How does the lot size compare?
The 5,015 sqft lot is a standout feature. It is larger than most lots on Bank Avenue and in the Glenwood area, offering more private outdoor space than many comparable properties.
4. What is the significance of the 1953 build date?
Built in 1953, this home is older than many on its street and in the city. This typically means character-built construction but also necessitates a thorough inspection of major aging components like the roof, plumbing, and electrical systems.
5. Why is there a range for the last sold price?
The sold price history shows a range (e.g., $30.50k ~ $33.50k) based on public data. The exact sale price is available upon request from the site to ensure accuracy, as some public records only provide approximations.