Property Overview: 41 Glen Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 41 Glen Avenue in the Norberry neighbourhood presents a compelling mix of space, location, and value. Its key characteristic is an exceptionally generous lot of over 8,100 square feet, placing it well above average for both the area and the entire city. This offers significant outdoor potential, from gardening to expansion. The living area of 1,263 sq. ft. is comfortably sized for the neighbourhood and provides a practical footprint for a family.
The appeal lies in this balance. While the home itself, built in 1954, is older than many on its street, it sits on a premium parcel of land in a mature community. The assessed value is notably lower than the street average, which could indicate an opportunity for a buyer willing to invest in updates, making it a property where the land is a primary asset. It would suit first-time buyers or practical investors looking for a home with "good bones" and untapped outdoor potential in a settled area, rather than those seeking a fully modernized turn-key property.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is a standout feature. At 8,101 sq. ft., it is larger than approximately 84% of homes in Norberry and 89% of homes city-wide, offering rare space for its location.
2. The home is noted as being older than most on the street. What does that mean?
Built in 1954, it is newer than only two other homes on Glen Avenue. This suggests the immediate street has many heritage or very mature properties, but it may also mean more potential for maintenance or system updates compared to a newer build.
3. Why is the assessed value lower than the street average?
With an assessed value of $311,000, it ranks below the street average of ~$347k. This can be influenced by the home's age, condition, or specific features compared to neighbours, and often reflects a value proposition for buyers comfortable with renovation projects.
4. What is the recent sales history?
Records indicate it sold in July 2022 for an estimated price between CA$350,000 and $400,000. Exact sold prices require a manual lookup request through the site.
5. How reliable is this comparative data?
The rankings and averages are derived from publicly available assessment and sales data. While reasonably reliable for comparison, exact historical figures should be verified independently for precise financial decisions.