Property Overview: 20 Essex Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1921, presenting a straightforward and affordable entry point into Winnipeg’s Glenwood neighbourhood. Its key characteristic is its modest scale, with 640 sqft of living space and an unrenovated basement, situated on a roughly 2,500 sqft lot. There is no garage or pool.
The primary appeal lies in its position as one of the area's most accessible properties from a price perspective, with an assessed value significantly below local and city-wide averages. This creates a low barrier to entry for land ownership in a settled community. It suits a very specific buyer: someone seeking a minimal footprint, perhaps a first-time buyer comfortable with a project, an investor looking for a rental opportunity, or someone interested in the long-term land value. Its age offers classic charm but also implies a need for potential updates. A thoughtful perspective is that this property represents pure utility and location over size or modern finishes—it’s for those who value a simple starting point or strategic investment over immediate move-in readiness.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's relatively small size, age, and specific market conditions in its immediate area. It is consistently ranked in the bottom tier for value compared to similar homes on its street, in Glenwood, and across Winnipeg.
2. What does "below average" for living area mean in practical terms?
With 640 sqft, the living space is notably smaller than most homes. For context, comparable homes on Essex Avenue average about 885 sqft, and city-wide averages are over 1,300 sqft. This indicates a cozy, efficient layout best for one or two people.
3. The home sold in 2018 for between $14.5k and $17.5k. Is that accurate?
The listed sold price range is derived from public data. For the exact historical sale price, you must request it directly via the provided email service, which manually confirms the figure from official records.
4. What are the implications of the "unrenovated basement"?
This typically indicates the basement space is in its original or functional state, lacking modern finishes. It offers potential for additional living space or storage but would require investment to realize that potential, subject to local building codes and moisture considerations common to homes of this era.
5. How does the lot size compare, and why does it matter?
At 2,564 sqft, the lot is around average for Essex Avenue but below average for the broader Glenwood area and the city. This is a relevant factor for outdoor space and potential future expansion, suggesting any additions would need to be carefully planned within the available footprint.