Property Overview: 30 Talbot Avenue, Glenelm, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in the established Glenelm neighborhood presents a solid, above-average offering within its immediate context. Its primary appeal lies in its strong relative value and move-in-ready condition, highlighted by a renovated basement. At 1,285 sqft, the living space is notably larger than most comparable homes on Talbot Avenue and in the Glenelm area, providing more room than the local norm. The detached garage and a near 4,000 sqft lot offer practical space for vehicles, storage, or gardening.
The home’s assessed value ranks in the top 11% for Glenelm, suggesting it is a well-maintained or improved property relative to its peers. This, combined with its renovated basement, indicates a home that has been updated rather than one requiring immediate major investment. It suits buyers looking for a character home in a mature neighborhood who prioritize interior space and modernized fundamentals over a brand-new build. It’s a practical choice for small families, couples, or investors seeking a property that stands out positively on its street and in the community for its size and condition, without being the most expensive listing in the city.
Frequently Asked Questions
1. Is the sold price from 2020 relevant today?
While the 2020 sale price provides historical context, market conditions have changed. The current assessed value of $33,900k offers a more current, official valuation benchmark, but the actual market price will be determined by recent comparable sales and current demand.
2. How does the lot size compare?
The lot is just under 4,000 sqft, which is typical for Talbot Avenue and slightly above average for Glenelm. It provides a standard urban yard space but is below the city-wide average, reflecting the neighborhood’s denser, older character.
3. What does "above average" for assessed value mean?
It means this home’s official assessed value is higher than most similar homes in Glenelm and on its street. This often reflects recent renovations, desirable features, or superior maintenance compared to neighboring properties of similar age and style.
4. The home was built in 1950. What should I expect?
While the renovated basement is a noted positive, a home of this age will have original elements. Prospective buyers should pay particular attention to the condition of major systems (roof, wiring, plumbing) and the main/upper floors, as updates there may not be as recent as the basement.
5. Who are the typical neighbors?
The list of nearby properties with identical assessed values (like those on Fawn Place) are useful comparables. They indicate you are looking at homes in similar, stable neighborhoods like Elmhurst and Varsity View, which can help gauge overall value and community character.