Property Overview: 39 Ellesmere Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Glenwood neighborhood, built in 1941. Its key characteristic is its modest scale, with a living area of 596 sqft that is notably smaller than most homes in the area and city. This is balanced by a recently renovated basement and a land area of just over 4,100 sqft, which is fairly typical for the street. The home’s assessed value is proportionally lower, sitting around the neighborhood average when compared to other homes on Ellesmere Avenue itself.
The appeal lies in its straightforward, manageable footprint. It represents a true entry-point into homeownership with very low property taxes, or could serve as a minimal-maintenance holding property. It would suit a first-time buyer on a tight budget, an investor looking for a low-cost rental, or someone seeking a modest, no-frills home without the upkeep of a larger lot or structure. A less obvious perspective is that its consistent sale history (2018, 2020, 2024) shows steady demand for affordable, small-scale housing in the area, suggesting a reliable niche. The renovated basement also adds valuable flexible space, which is a significant asset in a home of this size.
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 and modest characteristics compared to the broader Winnipeg market. It is much more in line with averages for the immediate street and Glenwood neighborhood.
2. What does "below average" for living area mean in practical terms?
With 596 sqft of above-ground living space, the home is significantly cozier than the typical Winnipeg house. Efficient use of space and the renovated basement will be crucial for comfortable living.
3. Is the land size a positive aspect?
The lot is a standard size for the street. It offers outdoor space without being overwhelmingly large to maintain, which aligns with the home's low-maintenance appeal.
4. How recent are the basement renovations?
The property details confirm the basement is renovated but do not specify the year or scope. This would be a key question for the listing agent to understand the quality and condition of this added living space.
5. What is the significance of the recent sale price ranges shown?
The posted ranges indicate the home has sold three times in recent years, each time at a price point consistent with its value as a small, affordable property. This pattern can indicate a stable, liquid market for this type of home.