Property Summary: 103 Harrowby Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1943, situated on a notably generous lot in the Glenwood neighbourhood. Its key characteristic is its significant contrast: the living space is quite small at 576 sq ft, ranking it among the very smallest homes in the city, while the land area of 4,612 sq ft is well above average for its immediate street and neighbourhood. The home presents as a classic post-war bungalow, featuring a detached garage and an unrenovated basement. Its assessed value is significantly below average for Winnipeg, reflecting its modest size and condition.
The primary appeal lies in its potential as a land-value proposition or a straightforward, affordable entry point into homeownership. It suits a specific type of buyer: a hands-on individual or investor looking for a lot with future redevelopment potential, or a minimalist first-time buyer willing to live compactly in exchange for lower carrying costs and a sizable yard. A less obvious perspective is that its very small footprint could appeal to those interested in efficient, low-maintenance living, where the large outdoor space serves as an extended "living area" during warmer months. It is not suited for those requiring ample indoor space or a move-in-ready, modernized home.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is primarily based on the home's very small living area, its age, and the fact that the basement is noted as unrenovated. This results in a valuation far below the typical Winnipeg home.
2. What does "Top 99%" mean for Living Area?
This statistic indicates that, citywide, 99% of comparable homes have a larger living area. Essentially, this property is in the 1st percentile for size, confirming it is one of the smallest homes on the market.
3. Is the large lot a major advantage?
It can be. For the right buyer, the lot size offers valuable flexibility that the house itself does not. It provides ample outdoor space, room for additions (subject to zoning), or future redevelopment potential, which is uncommon for a property at this price point.
4. What is the neighbourhood like?
The home is in Glenwood, a mature Winnipeg neighbourhood. The provided data shows nearby properties with a mix of ages and sizes, suggesting an established, varied streetscape typical of older city areas.
5. How recent are the sale price figures?
The most recent sale data point is from June 2024, with a listed sold price range. For the precise historical sale price, you must request the information directly via the provided email service.