Property Overview
159 Humboldt Avenue is a one-and-a-half storey home in Winnipeg's Glenwood neighborhood, built in 1949. It presents a practical opportunity centered on its generous 5,100 sqft lot and a recently renovated basement. With 900 sqft of living space, a detached garage, and an assessed value that sits comfortably within its local context, this property offers a balance of established character and updated utility.
Key Characteristics & Appeal
The primary appeal of this home lies in its land. The lot size is notably larger than most on its street and in Glenwood, offering above-average outdoor space for gardening, recreation, or future expansion in a mature neighborhood. The renovated basement adds immediate functional living area without the need for a major project. Its assessed value is unexceptional for the area, suggesting a fairly priced entry point into a stable community.
This property would suit a first-time buyer or a practical downsizer who values private outdoor space over a large interior footprint. It’s for someone comfortable with the maintenance of an older home (built 1949) but who appreciates the move-in readiness of an updated basement. The buyer likely prioritizes a long-term land asset and neighborhood stability over high-end finishes or a sprawling floor plan.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 900 sqft, the living area is slightly below the average for Glenwood (~1,015 sqft) but is quite typical for Humboldt Avenue itself. The trade-off is a larger-than-average lot, making it a property where the land is a more significant feature than the house's square footage.
2. What does the assessed value indicate?
The assessed value of $29,500 is around the average for both the street and the wider Glenwood area. This suggests the property is not uniquely under or over-valued compared to its immediate peers, providing a neutral benchmark for market pricing.
3. Is the older build year a concern?
Built in 1949, the home is older than many on its street. This implies potential for older building materials and systems, but also often means character and a well-established streetscape. A thorough inspection is advised, but the age is not atypical for the neighborhood.
4. What is the significance of the lot size?
The 5,100 sqft lot is a standout feature, ranking in the top 10% on Humboldt Avenue. This is a substantial amount of land for the area, offering more privacy and potential than many similarly priced homes.
5. Can I get the exact historical sale price?
The listed sale price range is based on public data. The exact sale price is available by request via email from the listing service, which they provide manually without using your contact information for marketing.