Property Overview & Key Characteristics
This one-storey home at 14 Ellesmere Avenue in Winnipeg's Glenwood neighbourhood is a compact, century-old property that presents a clear value-oriented opportunity. Its key appeal lies in its affordability and lot potential within a mature community.
At 680 sqft, the living space is notably modest, ranking below most comparable homes locally and citywide. The home features a basement, but it is noted as not being renovated. There is no garage or pool. The lot, at just over 2,500 sqft, is also smaller than area averages but offers outdoor space in a central location. Built in 1917, the property is older than most in Winnipeg, suggesting a need for updates but also carrying historic character. Recent sold price data indicates a consistent, accessible price point well below the city's average home value.
This property would primarily suit first-time buyers, investors, or downsizers seeking an entry point into the Winnipeg market with a manageable footprint. Its appeal is grounded in practicality rather than luxury—a chance to secure a land title and a home at a lower threshold, with the understanding that it may require investment over time. A thoughtful perspective for the right buyer is viewing its smaller scale not just as a limitation, but as a chance for simpler, lower-cost living and the potential to customize a classic floor plan to modern needs without being overwhelmed by size.
Frequently Asked Questions
1. What is the true price of this home?
The listed sold price history shows ranges from the low to mid $200,000s in recent years. For the exact sale price of any transaction, you can request the information directly via the provided email service.
2. What does "below average" ranking mean for key metrics?
The rankings compare this home to others on its street, in Glenwood, and across Winnipeg. For living area, lot size, year built, and assessed value, this property consistently falls in the bottom third of comparable properties, confirming its status as a smaller, older, and more affordable option in the market.
3. Is the basement finished or usable?
The details specify the basement exists but is "not renovated." Buyers should anticipate an unfinished space that may require significant work to become a comfortable living area.
4. Who might this property not be suitable for?
It would likely not suit buyers looking for a move-in-ready home, those needing multiple bedrooms or ample space, or anyone unwilling to take on potential renovation projects, especially given the age of the home.
5. What is the potential here for an investor or renovator?
The core opportunity is the land and the structure in an established neighbourhood at a lower price point. An investor could consider it a rental property (subject to bylaws), while a renovator could see it as a chance to modernize a character home. However, its small lot size may limit expansion possibilities compared to other properties.