Property Overview: 50 Morier Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Glenwood is a compact, no-frills property built in 1944, sitting on a notably generous lot for the neighbourhood. Its key appeal lies in its grounded fundamentals: a renovated basement, a detached garage, and a land area (over 5,100 sq ft) that ranks well above average for Glenwood. This presents a clear value proposition centred on land potential and a manageable footprint.
The home’s living space (704 sq ft) is modest, placing it below average for the area, which suggests it’s best suited for a minimalist buyer, a first-time homeowner comfortable with cozy spaces, or an investor. Its assessed value is typical for Morier Avenue and Glenwood, indicating it’s priced in line with local expectations rather than standing out as exceptionally high or low. The true, less obvious draw is the lot size. In a mature neighbourhood, a larger parcel offers rare flexibility for future expansion, gardening, or simply more private outdoor space—a tangible asset that newer subdivisions often lack. This property doesn’t offer luxury finishes or ample square footage; instead, it offers a solid, straightforward base in a well-established community.
Section 2: Frequently Asked Questions
1. Is the house in need of major updates?
The listing notes a renovated basement, but the main floor of the 1944 home may retain its original character. Buyers should budget for potential updates to systems like plumbing or electrical, and to main floor finishes, to align with modern expectations.
2. How does the lot size impact value?
At over 5,100 sq ft, the lot is significantly larger than many in Glenwood. This doesn’t just mean a bigger yard; it can be a long-term value driver, potentially allowing for additions, a larger garage, or landscaping features that smaller lots cannot accommodate.
3. What is the neighbourhood like?
Glenwood is a mature, established area. The listing shows a mix of older homes like this one and newer constructions (e.g., 22 Morier Ave, built 2022), indicating a neighbourhood in a gradual state of renewal and diversity.
4. Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value includes all property types and newer, more expensive areas. This home’s assessment is consistent with the typical, more affordable range for the Glenwood neighbourhood and its specific street, reflecting its age, size, and local market conditions.
5. How accurate are the sold price ranges shown?
The provided ranges are based on public data. For precise historical sale figures, you must request the exact sold price history via email, as the service manually verifies and supplies this detail to ensure accuracy.