Property Overview: 104 Hart Avenue, Glenelm, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, century-old (1912) one-storey home in the established Glenelm neighborhood. Its key characteristic is its modest scale, with 826 sqft of living space and a smaller-than-average 2,690 sqft lot for the area. The home features a renovated basement, adding functional space. Its assessed value is in line with the immediate street and neighborhood averages, suggesting it is priced appropriately for its locale.
The appeal lies in its efficiency and location. It represents a lower-barrier entry point into a mature, inner-city neighborhood. The renovated basement increases its livability beyond its main-floor square footage. It suits first-time buyers, downsizers, or pragmatic investors seeking a straightforward, no-frills property. It’s for someone who values location and character over size, and who sees a smaller lot as less maintenance rather than less space. A thoughtful perspective is that its average assessment for the street, despite its smaller footprint, indicates the value is anchored strongly in the desirability of Hart Avenue itself.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 826 sqft, the main floor is below average for the area. However, the renovated basement provides additional finished space, making the total usable square footage more practical for a small household or a single occupant.
2. How does the assessed value compare?
The home’s assessed value is very typical for Hart Avenue and the wider Glenelm neighborhood, but is below the Winnipeg city-wide average. This reflects its smaller size and age within the broader market, while showing it is aligned with local norms.
3. What does the smaller lot size mean?
The lot is smaller than most on the street and in the city. This means less yard maintenance, which can be a benefit, but also less private outdoor space. It’s a trade-off that contributes to the home’s affordability in the area.
4. What is the significance of the home’s age?
Built in 1912, it is older than most homes in Winnipeg. This can mean classic character but also requires a buyer to be mindful of potential maintenance or updates needed for an older structure, despite the basement renovation.
5. Who are the most likely buyers for this property?
This home is most suited to first-time buyers entering the market, downsizers from larger homes seeking simplicity, or value-focused investors. Its appeal is for those prioritizing location and a efficient footprint over expansive square footage.