Property Overview
This one-storey home at 116 Harrowby Avenue in Winnipeg's Glenwood neighborhood presents a practical and value-oriented opportunity. Its key appeal lies in a desirable balance between a modest, renovated living space and a generously sized lot for the area. With 962 sqft of living space, the house itself is compact and efficient, suitable for those looking to minimize upkeep. The significant advantage is the 5,128 sqft land area, which ranks well above average for both the street and the neighborhood, offering ample outdoor space and future potential. The home features a renovated basement and a detached garage.
It would particularly suit first-time buyers seeking an entry point into a stable neighborhood, downsizers looking for a manageable property with room for gardening, or value-focused investors attracted by the above-average assessed value relative to nearby homes. A less obvious perspective is that this property offers a "land-value play"—the lot size is a standout feature that may hold or increase in value independently of the older, smaller home. Its recent sale history suggests it's a competitively priced option in its immediate area.
Frequently Asked Questions
How does the home's size compare to others?
At 962 sqft, the living area is around average for Glenwood and Harrowby Avenue, but below the city-wide average. It's a compact, efficiently sized home.
Is the assessed value high for the area?
Yes. The assessed value ranks above average for both the street and the Glenwood neighborhood, though it is around average city-wide. This often indicates the property is well-maintained or has features, like the large lot, that add value relative to its immediate peers.
What is the significance of the large lot size?
The 5,128 sqft lot is a key feature, ranking in the top 12% on Harrowby Avenue and top 22% in Glenwood. It provides substantial outdoor space, which is less common in older neighborhoods, and could allow for expansions, gardening, or future development subject to zoning.
The home was built in 1950. What should I consider?
While the basement has been renovated, the core structure is 76 years old. Prospective buyers should budget for potential updates to major aging components like the roof, plumbing, or electrical systems, and consider a thorough inspection.
How can I find out the exact past sale price?
The listed sale price is a range based on public data. You can request the exact sold price history by emailing the site directly via the provided button. They provide this information manually and state they will not use your email for unsolicited marketing.