Property Overview: 108 Guay Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Glenwood presents a practical opportunity in Winnipeg’s market. Built in 1927, it offers 1,152 sqft of living space on a 3,877 sqft lot, with a detached garage and an unfinished basement. The data suggests it is a quintessentially average home for its immediate street and neighborhood in terms of size, value, and lot dimensions, meaning it isn’t an outlier but a stable, representative property in the area.
Its primary appeal lies in its affordability and location within a well-established community. The home suits first-time buyers or investors looking for a straightforward entry into the Winnipeg housing market without the premium of a fully renovated or oversized property. It’s also a potential fit for those who value a blank canvas, as the unrenovated basement and overall average metrics indicate room to add value through updates tailored to the owner's taste. A less obvious perspective is that a home ranking solidly "average" across multiple local metrics can represent a lower-risk, predictable investment in a neighborhood's fabric, avoiding the volatility sometimes associated with top-tier or severely underperforming properties.
Section 2: Frequently Asked Questions
1. Is this a good value compared to the neighborhood?
Based on assessed value, the property ranks near the middle for both Guay Avenue and the broader Glenwood area, indicating its price is generally aligned with local norms, neither a standout bargain nor overpriced for its setting.
2. What should I know about the condition?
The listing notes the basement is "not renovated." Buyers should budget for potential updates and consider a thorough inspection, common for a home of this age, to understand the state of major systems.
3. How does the lot size compare?
At just under 4,000 sqft, the lot is slightly above average for Guay Avenue but below the city-wide average. It offers typical outdoor space for the inner-city neighborhood.
4. What is the historical price trend?
Public records show a sale in October 2020 in the $27.5k-$30.5k range. For precise historical sold prices, the listing service offers a manual email request to ensure data accuracy.
5. Who are the most likely neighbors?
The immediate neighbors are other single-family homes on Guay Avenue, with very similar properties adjacent. The data shows a consistent streetscape of homes from the same era, suggesting a stable, established residential block.