Property Overview: 111 Talbot Avenue, Glenelm, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1907, situated on a standard city lot in the Glenelm neighbourhood. Its key characteristics are defined by its modest scale and historic roots. With 600 square feet of living space, it is notably smaller than most homes on its street, in the area, and across Winnipeg. The property includes a detached garage and an unrenovated basement.
The primary appeal lies in its position as an entry-point opportunity in the housing market. The very low assessed value reflects its size and condition, making it a potential candidate for buyers with a limited budget seeking a foothold in a established neighbourhood. It would suit a minimalist buyer, an investor looking for a rental property with a manageable overhead, or a hands-on purchaser with a vision for a gradual, sweat-equity renovation. A less obvious perspective is its potential as a "right-sizing" option for a single occupant or couple who prioritize location over space and prefer the character of an older home without the maintenance of a larger structure. Its age and smaller footprint could also translate to lower utility costs and property taxes compared to area averages.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific attributes: its very small size (600 sq ft), its age, and the fact that the basement is noted as unrenovated. It is assessed relative to its utility and condition, not just its location.
2. What does "Top 97%" or "Top 99%" mean in the metrics?
These rankings indicate the property's position relative to comparable homes. For example, "Top 97%" for Living Area means this home is smaller than approximately 97% of comparable homes in that grouping (street, area, or city). In all provided metrics, this property ranks in the bottom tier for size, value, and land area.
3. Is this a teardown or renovation project?
While the data doesn't specify, the home's age, small size, and unrenovated basement suggest it is likely a candidate for significant updating or a potential rebuild. A buyer should budget for a thorough inspection to understand the scope of work needed.
4. How recent is the sold price history shown?
The last recorded sale was in July 2024. The price range shown is an estimate based on public data; the listing notes that an exact sold price can be requested directly from the site.
5. What is the neighbourhood like?
Glenelm is an older, established neighbourhood in Winnipeg. The proximity of many similar-aged homes on Talbot Avenue suggests a streetscape with historic character. Buyers should research the specific amenities and community feel to see if it aligns with their lifestyle.