Property Overview: 178 Hespeler Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Glenelm is a compact, character property built in 1923. With 768 sqft of living space and a renovated basement, it presents a practical footprint. Its primary appeal lies in its location and value proposition within the established Glenelm neighborhood. The lot is a standard size for the area at just over 3,300 sqft.
The home suits first-time buyers, downsizers, or investors seeking an entry point into a mature community without a large upfront investment. Its below-average living area compared to city-wide norms suggests a focus on efficiency over spaciousness. A thoughtful perspective is that while the house itself is modest, its assessed value ranks above average for its own street, indicating it may be seen as a well-maintained asset in its immediate context. The appeal is grounded in practicality and location rather than luxury, offering a chance to live in a central neighborhood with a manageable scale of home.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes. At 768 sqft, the living area is below the average for Glenelm and significantly below the Winnipeg city-wide average. It is a compact home suited for individuals, couples, or those comfortable with efficient living spaces.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. Buyers should inquire about the scope of work, the quality of finishes, whether it includes a legal suite or additional living space, and if permits were obtained.
3. How does the assessed value compare to the last sold price?
The current assessed value is $23,400. Public data suggests it last sold in October 2017 for an estimated range of $13,500-$16,500. This indicates a significant increase in assessed value over that period, which buyers may want to discuss with a real estate professional in the context of the current market.
4. Is there parking or a garage?
The listing specifies there is no garage. Buyers should investigate on-street parking regulations, the availability of a driveway, or the potential to create one.
5. What are the implications of the home's age (103 years)?
While the home has inherent character, its age necessitates careful attention. A thorough inspection is essential to understand the condition of major systems (plumbing, electrical, roof, foundation) and to budget for ongoing maintenance typical of a century-old property.