Property Overview
This two-storey home at 27 Humboldt Avenue in Winnipeg’s Glenwood neighborhood stands out for its modern build and above-average interior space. Built in 2016, it is significantly newer than most homes in the area. With 1,608 sqft of living area, it ranks in the top tier for size both on its street and within the wider neighborhood. The home features a renovated basement but does not include a garage or pool. The lot size is notably more compact than area averages, which is a trade-off for its central location and newer construction.
Key Characteristics & Appeal
The primary appeal of this property lies in its modern condition and efficient use of space. As a home built just 10 years ago, it likely offers contemporary layouts, systems, and finishes that require less immediate upkeep than older stock. Its living space is generous for Glenwood, placing it in the elite tier locally, which suggests well-proportioned rooms. The renovated basement adds functional living or recreational space.
Its value proposition is nuanced. The assessed value is strong for the immediate area, indicating official recognition of its quality and condition. However, the lot is smaller than most, which may limit extensive outdoor projects but translates to lower maintenance. This home would suit buyers prioritizing move-in readiness, modern amenities, and interior square footage over a large yard. It’s ideal for professionals, small families, or downsizers seeking a low-maintenance, contemporary home in a well-established neighborhood without the typical renovation projects of an older house.
Frequently Asked Questions
1. Is the smaller lot size a significant drawback?
It depends on your lifestyle. The lot is smaller than area averages, meaning less yard maintenance and lower exterior upkeep costs. For buyers who value indoor living space and a modern home over extensive gardening or outdoor space, this is a practical trade-off.
2. Why is the assessed value relatively high for the area?
The assessment reflects the home’s newer age (2016), its above-average living area, and the renovated basement. These factors contribute to a higher valuation compared to the neighborhood’s typically older, smaller homes.
3. What does the lack of a garage mean for parking and storage?
The property has no garage. Buyers will need to rely on street parking and should consider the impact on vehicle storage during Winnipeg winters, as well as where to store tools, bicycles, and seasonal items. The renovated basement could offset some storage needs.
4. How does the 2016 build year affect potential costs?
A home of this age is likely still within the warranty period for major components, potentially offering peace of mind. It should also meet modern building codes for energy efficiency and safety, which can mean lower utility costs compared to older homes.
5. The home sold in 2016; does that mean it’s only had one owner?
It was sold new in December 2016, so it has likely had only one owner since its construction. This can sometimes mean more consistent maintenance and less wear-and-tear than a home that has changed hands multiple times.