Property Summary: 54 Handyside Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Glenwood, built in 1949. Its key characteristic is a notable contrast: the living area is modest at 768 sq ft, placing it below average for the street and city, but it sits on a larger-than-average lot for the area at over 5,000 sq ft. The home features a renovated basement and a detached garage. Its assessed value is positioned around the average for the Glenwood neighborhood.
The appeal lies in this very balance. It offers a manageable, single-level living space that is cost-effective to maintain and heat, paired with a generous, private outdoor space—a combination that is becoming rarer. The renovated basement adds functional living or storage space. This property would suit first-time buyers seeking an entry point into the market without a sprawling home to manage, or practical downsizers looking for a low-maintenance footprint but who still value garden space, a workshop, or room for grandchildren to play. It’s a home for those who prioritize land and location over square footage, seeing the yard as an extension of the living area.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 768 sq ft, the main floor is indeed compact. However, the renovated basement effectively doubles the usable living space, making the overall footprint more practical for daily life.
2. What does the assessed value tell me about the price?
The assessed value is a municipal figure for tax purposes, not a market price. This home’s assessment is around the neighborhood average, suggesting it’s not an outlier, but the final sale price will be determined by current market conditions, the home’s condition, and its unique lot size.
3. How does the lot size compare to others?
The lot is a standout feature. At 5,067 sq ft, it is above average for Handyside Avenue and Glenwood, offering more private outdoor space than many nearby properties.
4. What are the implications of the home’s age (1949)?
Built in the post-war era, the home likely has classic character but may also have older building systems. A thorough inspection is recommended to understand the condition of the roof, wiring, plumbing, and foundation, and to confirm the scope and quality of the basement renovation.
5. What is the neighborhood like based on this data?
The data suggests Glenwood is a stable, established neighborhood. The fact that homes on this street are of similar age and value indicates consistency, not rapid fluctuation. The below-average living area for the city also hints that this area may offer more affordable entry points compared to newer suburbs.