Property Summary: 41 Martin Avenue W, Glenelm, Winnipeg

Section 1: Overview & Appeal

This one-storey home in Glenelm is a property defined by its generous, above-average lot and a renovated basement, set within a classic 1927 build. Its key appeal lies in the significant land size—at nearly 4,860 sqft, the lot ranks in the top 3% on its street and the top 13% in the neighbourhood, offering substantial outdoor space and potential in an established area. The home itself is more modest in size (829 sqft of living area), placing it below the neighbourhood average, but this is balanced by the updated basement. The assessed value is notably strong for the immediate street, suggesting the property is well-regarded in its most direct comparison.

This home would best suit a buyer who values land over square footage—think gardeners, those seeking privacy, or future expanders—and is comfortable with the upkeep of a century-old home. It’s a practical choice for a first-time buyer or downsizer looking for a manageable footprint without sacrificing outdoor room, set in a mature neighbourhood. The detached garage adds functional storage. The data suggests a property that is a standout on its block for lot size and value retention, but one that requires a buyer to see the potential in the land and the renovated basement, rather than expecting a large, modern interior.

Section 2: Key Questions (FAQs)

1. How does the lot size compare to typical properties?
The land area of 4,857 sqft is a major feature. It is significantly larger than most lots on Martin Avenue W (top 3%) and in the wider Glenelm area (top 13%), offering more yard space than the typical home nearby.

2. Is the living space smaller than other homes in the area?
Yes. With 829 sqft, the living area is below the average for both the Glenelm neighbourhood and Winnipeg overall. The home offers a compact layout, with the renovated basement providing additional usable space.

3. What does the assessed value tell us?
The assessed value of $252,000 is above the street average, indicating that for its immediate location, the property is considered higher in value. This often reflects the desirable lot size and the renovated basement. Citywide, however, this assessment is below average.

4. What is the likely maintenance consideration with a 1927 home?
Built in 1927, the home is around the neighbourhood average for age. Buyers should budget for and expect the maintenance typical of a century-old property, including potential updates to original systems, windows, or insulation, balanced by the character and established streetscape.

5. How reliable are the sold price ranges shown?
The listed sold price ranges are based on available public data. For precise historical sale figures, you must request the exact information directly via the provided email service, as the public records are intentionally broad.