Property Overview: 91 Glenlawn Avenue, Elm Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Elm Park presents a solid, grounded opportunity. Built in 1953, it sits on a generously sized lot that is above average for both the street and the neighbourhood, offering valuable outdoor space and potential. The home’s assessed value consistently ranks above average for its immediate area, suggesting it is viewed favorably within its local market context. A key feature is the renovated basement, adding functional living space to the 1,173 sqft footprint.
The appeal lies in its established, quiet neighbourhood and the tangible value of the land itself. It suits practical buyers looking for a single-level living layout in a mature community, who may value the privacy and space of a larger lot over a brand-new build. It’s also a sensible fit for those interested in a property where significant foundational updates (like the basement renovation) are already addressed, providing a stable base for future cosmetic personalization.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street and in Elm Park?
The data shows this property holds its own very well locally. Its lot size, assessed value, and relatively newer build year all rank in the top 25-30% when compared directly to its neighbours on Glenlawn Avenue and within the wider Elm Park area.
2. What is the significance of the assessed value being higher than area averages?
While not a direct market price, a consistently above-average assessment for the immediate locale can indicate the property has features or conditions that the municipal assessor deems add value relative to nearby homes, such as its lot size, renovation, or overall condition.
3. Is the living space considered small?
At 1,173 sqft, the living area is modest but very close to the average for similar homes in Elm Park. The renovated basement effectively expands the usable space, making the overall offering more competitive than the main floor square footage alone might suggest.
4. What might the large lot size mean for a buyer?
Beyond simple privacy, the above-average lot (5,911 sqft) is a long-term asset. It provides ample room for gardening, recreation, or future additions like a larger deck, shed, or even potential expansion of the home itself, subject to zoning regulations.
5. The home was last sold in 2018. What should I consider?
A sale six years ago suggests the current owners have undertaken the basement renovation and likely other maintenance during their tenure. It’s a positive sign of ongoing investment. A buyer should inquire about the scope and permits for the renovation and any other updates completed since that time.