Property Overview: 113 Talbot Avenue, Glenelm, Winnipeg

Key Characteristics & Appeal

This is a classic one-and-a-half storey home built in 1907, offering a compact and efficient footprint of just over 1,000 square feet of living space. It sits on a modest 2,500 sqft lot and features a detached garage. The basement is noted as unrenovated. The home’s assessed value is notably below average for its street, neighborhood, and the wider city, indicating a potentially accessible entry point into the market.

Its primary appeal lies in its location within the established, tree-lined Glenelm neighborhood and its character as a century home. The data suggests it is a "humble" property relative to its surroundings—smaller in size, on a smaller lot, and with a lower assessment than most comparable homes. This creates a distinct opportunity for a specific buyer: someone seeking an affordable foothold in a desirable area, who is comfortable with a home that may require updates and values charm over square footage. It would suit a first-time buyer, an investor looking for a character rental, or a downsizer wanting a low-maintenance, centrally located home without a premium price tag. A thoughtful perspective is that its below-average metrics are actually its defining advantage, offering a chance to own in Glenelm without the typical financial barrier, making it a practical choice over a prestige one.

Frequently Asked Questions

1. What does the below-average assessed value mean for me?
A lower assessed value typically correlates with lower property taxes, which is a tangible ongoing savings. It also suggests the home may be priced more accessibly, but it’s essential to have it professionally inspected, as the valuation may reflect its age and condition.

2. Is the small lot size a major drawback?
It depends on your lifestyle. The lot requires minimal upkeep, which is a benefit for those seeking low maintenance. However, it limits potential for large additions, extensive landscaping, or amenities like a spacious deck or pool. Outdoor space will be primarily functional rather than recreational.

3. The home is over 100 years old. What should I be most concerned about?
While charm is a given, key focus areas should be the foundation, roof, electrical wiring, plumbing, and insulation. The unrenovated basement should be carefully checked for moisture issues and structural integrity. A thorough inspection is non-negotiable.

4. How does the living space compare to a modern home?
At 1,063 sqft, the layout will be more compact and segmented than an open-concept modern build. This can feel cozy but requires thoughtful furniture placement. The one-and-a-half storey design often means bedrooms on the upper level may have sloped ceilings.

5. Why is the last sold price listed as a range, and how do I get the exact figure?
Sold prices are estimated from public data. To protect privacy and ensure accuracy, the exact sale price is provided directly by the listing service upon request. You can submit your email to receive the precise figure, typically by the end of the same business day.