Property Overview: 129 Harrowby Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 129 Harrowby Avenue in Glenwood is a compact, efficiently designed property built in 1986. With 769 sqft of living space and a renovated basement, it offers modern functionality in a smaller footprint. The home features an attached garage and sits on a standard city lot of 2,665 sqft.
Its primary appeal lies in its value proposition and manageable scale. The assessed value is consistently around the average for its immediate street and neighborhood, suggesting a stable, mid-market investment without the premium of a larger home. Being newer than most homes in Glenwood and the wider city is a distinct advantage, potentially translating to fewer immediate major repairs or updates.
This property would suit first-time buyers seeking an affordable entry into the Winnipeg market, downsizers looking for a low-maintenance home without sacrificing modern comforts, or pragmatic investors interested in a straightforward rental property. It’s for those who prioritize financial accessibility and efficient living over spaciousness.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 769 sqft, the living area is below the average for the neighborhood. This makes the home best suited for individuals, couples, or small families comfortable with a compact, efficient layout. The renovated basement provides crucial additional flexible space.
2. How does its value compare to the area?
The home’s assessed value is consistently around the average for Harrowby Avenue and the Glenwood neighborhood, indicating it is priced in line with its local market context, not as a premium or deeply discounted property.
3. What are the advantages of it being built in 1986?
With an age of 40 years, this home is significantly newer than many in Glenwood, where average build years are from the 1950s. This can be a benefit, as major systems like wiring, plumbing, and insulation may be more modern and require less near-term investment.
4. What is the potential for expansion or renovation?
The lot size is typical for the street but below the neighborhood average. While there is some outdoor space, opportunities for significant horizontal additions may be limited compared to properties on larger lots, making the renovated basement a key asset for space.
5. What is the sales history indicating?
Public data shows two sales in recent years (2016 and 2023), with sold prices ranking from average to above-average for the area at those times. This suggests a history of steady market performance and demand for well-maintained homes of this size in the location.