Property Overview: 93 Martin Avenue W, Glenelm
Key Characteristics & Appeal
This 896 sqft, one-storey home, built in 1930, sits on a 3,598 sqft lot in Winnipeg's Glenelm neighborhood. Its primary appeal lies in a compelling value proposition within a well-established community. While the living space is modest and typical for the immediate street, the property stands out for its significantly above-average assessed value for both the street and the broader Glenelm area, suggesting recognized quality, desirable features, or recent improvements not fully captured by square footage alone. The home is noted as having a renovated basement, adding functional space.
It presents as an efficient, grounded property suited for first-time homebuyers, downsizers, or value-focused investors seeking an entry into a mature neighborhood without a premium for excessive size. The data indicates you’re paying for substance and location rather than square footage, making it ideal for those who prioritize lot value and community over a large interior. A thoughtful perspective is that this home outperforms many of its local peers in value metrics while being average in size, hinting at smart updates or intrinsic desirability that may not be immediately obvious from its age or floor plan.
Frequently Asked Questions
1. Why is the assessed value so high compared to similar-sized homes on the street?
The assessment is likely influenced by factors beyond raw square footage, such as the renovated basement, overall condition, specific upgrades, or the property's particular placement and appeal on the lot. It suggests the municipality recognizes a value here that exceeds the basic metrics.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify details. A prospective buyer should inquire about the scope of work, permits, ceiling height, moisture control, and the current use of the space (e.g., recreational room, additional bedroom, or utility).
3. How does the lack of a garage affect practicality, especially in winter?
With no garage, on-street parking or a driveway (if present) would be the only options. Buyers should consider winter parking bans, snow clearing logistics, and the convenience of accessing their vehicle without covered parking during Winnipeg's colder months.
4. The home is older—what should I investigate regarding maintenance?
Given its age, special attention should be paid to the foundation, roof, plumbing, electrical systems, and insulation. A thorough inspection is crucial to understand the condition of these core elements and the quality of any updates made over the years.
5. How can I get the exact historical sold price instead of the range shown?
The exact sold price history is available by request. You can provide your email via the button on the listing page, and the precise data will be sent manually, typically by the end of the same business day, without being used for unsolicited marketing.