Property Overview: 74 Ellesmere Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 74 Ellesmere Avenue in Glenwood presents a practical and modern living opportunity. Its key characteristic is its relative newness, built in 2017, which places it among the newest homes in its immediate area and city-wide. This suggests updated building systems and less immediate need for major repairs. The living space (858 sq ft) is modest but competitively sized for the neighbourhood, and the basement is noted as renovated, adding functional space.
The appeal lies in its efficiency and modern foundation within an established community. It suits first-time homebuyers or downsizers seeking a low-maintenance, newer property without the premium of a brand-new build. Investors may also find it attractive due to its modern amenities appealing to renters. A thoughtful perspective is the lot size, which is smaller than area averages. This translates to less yard maintenance—a benefit for some—but limits expansion potential. The assessed value is strong for the street and neighbourhood, indicating the property holds its value well in a local context, even if its footprint is compact.
Section 2: Frequently Asked Questions
1. How does the smaller lot size impact this property?
While the land area is below average for the area, it means significantly less yard upkeep. The trade-off is limited outdoor private space and little room for future additions like a large deck or garage.
2. What does the "above average" assessed value for the street indicate?
It suggests that, compared to its immediate neighbours (many in older homes), this property is valued more highly, likely due to its newer construction and renovated basement. It’s assessed as a premium property on its own street.
3. Is the living area suitable for a small family?
The 858 sq ft bi-level layout, with a renovated basement, provides functional separation of space. It can work for a small family, but those needing multiple large bedrooms or dedicated living areas may find it compact.
4. Why is the year built such a standout feature?
Built in 2017, this home is decades newer than most in Glenwood. This typically means newer wiring, plumbing, insulation, and windows, offering peace of mind and potential energy savings compared to the neighbourhood’s older housing stock.
5. What is the parking situation?
The listing notes no garage. Prospective buyers should verify on-street parking regulations or the possibility of adding a driveway, given the smaller lot size.