Property Overview: 58 Glen Avenue, Norberry, Winnipeg
Key Characteristics & Appeal
This home at 58 Glen Avenue presents a compelling blend of space, land, and established value. Built in 1953, it is one of the older homes on its street, suggesting a well-built character in a mature setting. Its primary strengths are its generous proportions: with 1,586 sqft of living area, it offers significantly more interior space than most homes in both Norberry and across Winnipeg. This is paired with an exceptionally large lot of over 8,100 sqft, placing it in the top 11% city-wide for land area. This combination is rare, providing ample room for both living and outdoor activities.
The appeal lies in its above-average standing within its immediate context. It ranks consistently well on Glen Avenue and in the Norberry area for size, lot, and assessed value ($390k), indicating a property that outperforms its direct peers. For a buyer, this suggests a home that is a leader on its block rather than a compromise. It would suit those looking for a spacious family home with room to grow, garden, or entertain in a settled neighbourhood. It’s also a fit for value-conscious buyers who appreciate metrics, as the data shows a property that holds its own and offers more tangible space per dollar compared to many local and city averages.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $390k is for municipal tax purposes. While it provides a benchmark, the actual selling price is determined by the current market. This home last sold between $350k-$400k in late 2022, and its above-average rankings for size and lot suggest it may command a premium relative to standard area pricing.
2. What are the considerations with a home built in 1953?
While the home is well-maintained and is actually newer than many on its street, its age means potential buyers should pay special attention to the condition of major systems (like plumbing, electrical, and the roof) during an inspection. Older homes can offer great charm and build quality, but may require updates.
3. What does the large lot size mean for me?
An 8,101 sqft lot is a significant asset. It offers privacy, space for children or pets, gardening potential, and room for additions like a shed, deck, or even a future expansion. It also typically means less neighbour proximity compared to newer subdivisions with smaller lots.
4. The data shows "around average" for value city-wide. Is that a concern?
Not necessarily. This reflects that the home’s value is aligned with the broader Winnipeg market for its assessed price point. The more telling metrics are its strong rankings within Norberry and on its street, indicating it is a standout property in its more relevant, immediate market area.
5. How can I get the exact historical sold prices?
The exact sale figures are not publicly displayed online due to industry regulations. You can request the full transaction history and exact sold prices by emailing the site directly. They will provide the information manually, typically by the end of the same business day.