Property Overview & Key Characteristics
This one-storey home at 271 Glenwood Crescent in Winnipeg's Glenelm neighbourhood is a compact, character property built in 1924. With 839 sq ft of living space and a recently renovated basement, it sits on a modest 3,963 sq ft lot. A detached garage provides off-street parking. The home’s assessed value is notably lower than many city-wide comparables.
Its primary appeal lies in its position as an accessible entry point into a well-regarded, established neighbourhood. For its lot size, it actually ranks above average within Glenelm itself, suggesting a relatively good land-to-building ratio for the area. The renovated basement adds functional living space. This property would best suit first-time buyers, downsizers, or investors seeking a lower-maintenance, character home in a central location without a premium price tag. It’s a practical choice for those who value location and neighbourhood charm over square footage.
Frequently Asked Questions
1. Is the price reflective of the home's condition?
The sold price history and assessed value, which are significantly below city-wide averages, suggest the home may be priced for value or condition. It warrants a thorough inspection to understand the state of the main floor systems and the scope of the basement renovation.
2. How does the lot size compare locally?
While the lot is below average for the specific street and the city, it ranks in the top 28% within the Glenelm neighbourhood itself. This indicates the lot is actually a competitive size for the area, which is known for older, closer-built homes.
3. What is the Glenelm neighbourhood like?
Glenelm is a mature, central neighbourhood known for its tree-lined streets and character homes. It offers a quiet, community-oriented atmosphere while being close to amenities, parks, and major routes.
4. Who might find the smaller living area challenging?
With under 840 sq ft on the main floor, the living space is compact. Families or those needing multiple dedicated rooms (like a home office and multiple bedrooms) may find it tight, though the renovated basement could provide crucial additional space.
5. Why is there a range for the last sold price?
The exact sale price is not publicly disclosed in Manitoba. The range provided is an estimate based on available data. You can request the exact price from the listing service via email, which is a standard practice for verified information.