Property Overview: 61 Haig Avenue, Glenwood
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Glenwood offers a practical and comfortable living space. Its key features include 1,076 sqft of living area, a renovated basement, and a detached garage, all situated on a near 5,000 sqft lot. Built in 1975, it is a newer construction compared to many homes in the area, which often date back to the 1950s.
The primary appeal lies in its strong positioning within its immediate market. The home ranks above average for its assessed value, living area, and modern age within the Glenwood neighbourhood and on Haig Avenue itself. This suggests a property that offers good value and space relative to its local peers, potentially with more contemporary systems and less immediate need for major updates. The renovated basement adds functional living space.
This home would suit first-time buyers seeking a move-in ready property with room to grow, or downsizers looking for a manageable single-level layout without compromising on space. It’s a solid, grounded choice for a buyer who values neighbourhood comparables and practical updates over flashy features.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value ranks in the top 13% on Haig Avenue and the top 18% in Glenwood, meaning it is valued higher than most direct neighbours. This often reflects the home’s condition, updates, and lot.
2. Is the living space typical for the area?
Yes. At 1,076 sqft, it provides above-average living space for both Haig Avenue and the wider Glenwood neighbourhood, offering more room than many comparable local homes.
3. What are the implications of the 1975 build year?
Built in 1975, this home is significantly newer than the Glenwood average (circa 1952). This can be an advantage, potentially meaning updated electrical, plumbing, and insulation standards from the outset, leading to lower immediate maintenance concerns.
4. What is the neighbourhood character like?
Glenwood is an established, mature neighbourhood. The data shows a mix of older homes and some newer infill, like the nearby 2022 builds on Morier Avenue, indicating an area that is gradually evolving.
5. How does the lot size impact potential?
The lot is just under 5,000 sqft, which is average for Glenwood. It provides good outdoor space for gardening or recreation. For future potential, it’s worth checking local zoning bylaws to understand any possibilities for additions or developments, as lot size is a key factor.