Property Overview: 29 Harrowby Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Glenwood presents a practical opportunity. Built in 1927, it offers 1,015 sqft of living space and sits on a standard 3,845 sqft lot. A key feature is its renovated basement, adding functional space. The home's assessed value is modest compared to the Winnipeg city-wide average, but it aligns closely with the norms for its specific street and neighbourhood.
Its primary appeal lies in its positioning as a relatively affordable entry point into the Winnipeg market, particularly within the established Glenwood area. It suits first-time buyers or practical investors looking for a home that requires no immediate major upgrades, thanks to the basement renovation. A thoughtful perspective is its "middle-of-the-pack" standing: while it may not stand out in city-wide rankings, it represents a stable, average offering on its own street, suggesting a fit within a consistent and likely predictable local community context without the premium or the challenges of more extreme properties.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The assessed value is very close to the average for Harrowby Avenue itself, ranking it almost squarely in the middle (56th percentile) for the street. This indicates it is priced consistently with its immediate surroundings.
2. Is the living space smaller than typical Winnipeg homes?
Yes. At 1,015 sqft, the living area is below the Winnipeg city-wide average. However, it is right at the average for the Glenwood neighbourhood and slightly above the average for Harrowby Avenue, meaning it is a typical size for its specific location.
3. What does the "renovated basement" imply?
While specific details aren't provided, this indicates the basement has been updated to be functional living or utility space. It’s a valuable feature that adds usable square footage without being counted in the official living area, and it suggests one less major project for a new owner.
4. The home was built in 1927. Should I be concerned about its age?
The home is 99 years old, which is older than most in Winnipeg. However, it is actually newer than the average home on its own street. This suggests the immediate area is filled with character homes of a similar vintage, so any maintenance or renovation considerations are typical for the locale.
5. How have the sold prices trended for this property?
Available data shows it sold in 2018 and 2017. The 2018 sale price range was notably higher than the 2017 range, indicating an increase in value over that period. For exact historical sold prices, you can request the information directly via the provided email service.