Property Overview: 114 Hart Avenue, Glenelm, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This is a compact, one-and-a-half storey home built in 1914, offering a classic Glenelm footprint on a modestly sized lot. Its key characteristics include a 744 sqft living area, an unrenovated basement, and a detached garage. The home’s assessed value is notably below averages for the street, neighborhood, and city.
The primary appeal lies in its position as an accessible entry point into a well-established neighborhood. It represents a lower barrier to ownership, potentially suiting a first-time buyer, an investor, or someone seeking a manageable footprint without a large mortgage. The detached garage adds practical value. A thoughtful perspective is that a smaller, older home like this can offer a simpler, more affordable living experience in a mature area, allowing resources to be directed toward customization over time rather than upfront cost. It would best suit a hands-on buyer comfortable with a property that has older fundamentals and sees potential in its vintage character, or an investor looking for a straightforward rental property in a central location.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 744 sqft, the living area is below average for Hart Avenue, Glenelm, and Winnipeg overall. It’s a compact home, ranking in the smaller third of homes locally.
2. What does the assessed value indicate?
With an assessed value of $20,200, it sits below the average for comparable homes on its street and in Glenelm. This typically suggests a more affordable purchase price relative to the area.
3. Is the basement finished?
No, the basement is noted as not being renovated, meaning it is likely in a utility/raw state.
4. How old is the house, and what should I consider?
Built in 1914, it is over a century old. Buyers should budget for potential updates to older systems like wiring, plumbing, and insulation, and consider a thorough inspection.
5. How large is the property lot?
The land area is 2,495 sqft, which is smaller than most lots on Hart Avenue and in the wider city. This means lower outdoor maintenance but limited space for expansions or large additions.