Property Summary: 79 Hart Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home in Glenelm is a classic character property built in 1910, offering a blend of historic charm and practical space. With 1,188 sqft of living area, it sits comfortably around the average for its neighborhood, making it a manageable size. Its standout feature is a generous 3,299 sqft lot, which is above average for Hart Avenue, providing valuable outdoor space in a mature area. The home has a full, unrenovated basement, no garage, and no pool.
The appeal lies in its established location and the opportunity it presents. The assessed value of $260k is notably above average for the street, suggesting the property is well-regarded in its immediate context. This is a home suited for a buyer who appreciates the character of an older neighborhood like Glenelm and is either comfortable with a property that retains its original basement, or sees potential to add value through updates. It would fit a first-time buyer looking for a solid entry point into a character area, or an investor seeking a property with a good lot size in a stable community.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for homes of this era. It typically means the second floor has slightly less full-height living space than the main floor, often with sloped ceilings or dormer windows, creating a cozy, character-filled upper level.
2. The assessed value seems high for the street but low city-wide. Why?
The $260k assessment is strong compared to direct neighbors on Hart Avenue, indicating the property is likely in good condition or has desirable features for the lane. The lower ranking city-wide reflects Winnipeg’s broader market, where many newer suburban homes on larger lots have significantly higher assessments.
3. What are the implications of an unrenovated basement?
An unrenovated basement means the space is in its original state, likely with concrete walls and floors and basic utilities. It offers functional storage or laundry space but presents a clear opportunity (and future cost) for a buyer wishing to finish it for additional living area.
4. How does the lot size benefit me?
The lot is larger than most on the street. This not only provides more private outdoor space but also offers greater flexibility for gardening, additions, or future landscaping projects, which can be rare in older, central neighborhoods.
5. The home sold recently in 2023 and 2017. What does that indicate?
The relatively quick resale in 2023 after being purchased in 2017 could indicate a number of things, from an investor flipping the property to a homeowner’s changed circumstances. It suggests the property has seen active market interest in recent years, but reviewing the exact sale prices (available by request) would be important to understand the value trend.