Property Overview: 52 Essex Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Glenwood is a compact, historically grounded property built in 1924. Its key characteristic is its modest scale: with 600 sqft of living space and a 2,563 sqft lot, it sits below the average size for its street, neighborhood, and city. A renovated basement and a detached garage are noted features. The appeal lies in its efficiency and affordability, as reflected in an assessed value that is relatively average for Essex Avenue but below wider area averages. This isn't a home for sprawling; it's a practical footprint.
The property would suit first-time buyers, downsizers, or investors seeking an entry point into the Winnipeg market with lower carrying costs. Its appeal is for those who value a renovated basement for extra utility over above-square-footage, and who see potential in a manageable lot and a character home. A thoughtful perspective is that its smaller size and lot, while not top-tier in rankings, translate to less maintenance and lower property taxes, offering a different kind of value. It’s a home for pragmatic living rather than prestige.
Section 2: Frequently Asked Questions
1. How does the size of this home compare practically?
At 600 sqft, the living area is compact. It ranks in the bottom 4% on its own street and bottom 3% city-wide for size. This indicates a efficient, likely one-bedroom or small two-bedroom layout, requiring thoughtful use of space.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value is $23,300, which is around average for Essex Avenue but below the Glenwood and city averages. Historical sold price data from 2016 shows a range of $16.5k-$19.5k, but market conditions have changed. It's best used as a baseline for property taxes, not as a precise market value.
3. What does the "renovated basement" mean for usable space?
While the main floor is 600 sqft, the renovated basement adds functional living area. This is a key feature that expands the home's utility, potentially adding space for a family room, office, or additional bedroom not reflected in the official living area metric.
4. How does the lot size impact the property?
The 2,563 sqft lot is below average for the area. This means smaller outdoor maintenance but also limited potential for large additions or expansive landscaping. It's a manageable yard suited for low-upkeep living.
5. Are there comparable recent sales to gauge value?
The provided data references nearby properties and homes with similar assessed values, but exact recent sale prices for 52 Essex Avenue itself are not publicly listed. You can request the exact sold price history directly via the provided email service for a more accurate, manually verified picture.