Property Overview: 50 Hart Avenue, Glenelm, Winnipeg

Section 1: Key Characteristics & Appeal

This is a classic two-storey home built in 1913, offering a straightforward entry point into Winnipeg's established Glenelm neighbourhood. With 1,120 sqft of living space, it sits right around the average size for the area, providing a practical layout without being oversized. The property features a basement (not renovated) and no garage, presenting a canvas for customization.

Its primary appeal lies in its location and value proposition within a mature community. The home’s assessed value is notably modest, ranking in the top third of its own street and near the middle for Glenelm, yet it sits well below the citywide average for property value. This suggests a potentially accessible price point in a stable neighbourhood. The lot, while smaller than many in the city, is typical for the area.

This property would best suit a pragmatic first-time homebuyer, an investor looking for a rental property, or a hands-on owner comfortable with a home that may require updates. It’s for someone who prioritizes neighbourhood character and affordability over modern finishes and ample square footage. A thoughtful perspective is that this home represents the "bones" of Glenelm—it’s not the largest or newest on the block, but it offers a genuine opportunity to put down roots in a community without a premium price tag, allowing equity to be built through living there and making gradual improvements.

Section 2: Frequently Asked Questions

1. What is the actual sold price history?
The available public data shows estimated sale ranges: $20.5k–$23.5k in March 2017 and $21.5k–$24.5k in December 2020. For precise historical sale figures, you must request the exact data via email from the listing source.

2. How does this home compare to others in Glenelm?
The data indicates it is very typical for Glenelm. Its living area, year built, and assessed value all rank near the middle of the pack for the neighbourhood, meaning it’s a representative, average home for the area rather than an outlier.

3. What should I know about the basement?
The listing specifies the basement exists but is "not renovated." Prospective buyers should budget for any desired improvements and consider a thorough inspection to understand its current condition and potential.

4. Is the lot size a concern?
At 2,861 sqft, the lot is smaller than the Winnipeg average but is common for Glenelm. It ranks in the bottom 15-20% of lots on its own street. This means outdoor space is limited but likely consistent with the immediate streetscape, suiting those who prefer lower maintenance.

5. Why is the citywide assessed value comparison so different?
The home’s assessed value is around $24,800, which is in the bottom 20% of all Winnipeg properties. This stark difference highlights Glenelm's overall affordability compared to newer or more developed areas of the city, and underscores this property's position as a value-oriented option.