Property Overview
76 Humboldt Avenue is a modern bi-level home in Winnipeg's Glenwood neighborhood. Built in 2020, it stands out as one of the newest homes in an area predominantly filled with houses from the mid-20th century. With 900 sqft of living space and a renovated basement, it offers a low-maintenance, move-in-ready footprint. The property sits on a smaller, 2,548 sqft lot, which is a notable trade-off for its new construction and updated condition. Its assessed value is strong for the immediate area, ranking above average on its street and in Glenwood.
Key Characteristics & Appeal
The primary appeal of this home is its modernity in an established neighborhood. Buyers gain the benefits of new construction—such as contemporary building standards, energy efficiency, and likely fewer immediate repairs—without living in a distant, newly-developed suburb. The renovated basement adds functional living space. However, the lot size is significantly smaller than typical for the street and city, meaning less outdoor private space.
This property would best suit first-time homebuyers, downsizers, or investors seeking a modern, low-maintenance property in a central location. It’s ideal for those who prioritize a newer interior and minimal upkeep over a large yard. The strong assessed value relative to older neighbors suggests it has been appraised favorably, potentially appealing to value-conscious buyers. A less obvious perspective is that the small lot, while a compromise, translates to less yard work and lower property taxes relative to homes on larger lots, which can be a practical advantage.
Frequently Asked Questions
1. How does the lot size impact the property?
The lot is smaller than most in Glenwood, meaning less yard space for gardening, play, or expansion. This is the main trade-off for acquiring a much newer home in the area.
2. Why is the assessed value higher than many area homes?
The assessment reflects the home's very recent construction year (2020) and renovated condition compared to the neighborhood's older housing stock, which averages from the 1950s.
3. What does "bi-level" mean for the living space?
A bi-level typically features a main living area entered from a ground-level foyer, with a short staircase leading up to bedrooms and another leading down to a lower living space (the renovated basement), creating two distinct levels.
4. Is the sold price history available?
The listing indicates a sale occurred in November 2020, with a price range provided. For the exact sale price, you must request it directly from the listing service via the provided email button.
5. How does this home compare to others on Humboldt Avenue?
It is newer than virtually every other home on the street (ranked top 1% by year built) and has a higher assessed value (top 16%), but it has less living space and a significantly smaller lot than the street average.