Property Overview: 59 Noble Avenue, Glenelm, Winnipeg

Key Characteristics & Appeal

This one-storey home in the established Glenelm neighborhood offers a practical blend of space, location, and value. Built in 1913, its key characteristic is a generous 4,023 sqft lot, placing it in the top 12% for land size on its street. This provides significant outdoor space and potential relative to many nearby homes. The living area of 1,368 sqft is comfortably above average for both the street and the neighborhood. A recently renovated basement and a detached garage add functional utility.

The appeal lies in its strong neighborhood positioning. It's a home that outperforms many local comparables in terms of living space and lot size, while its assessed value sits squarely in the average range for Glenelm. This suggests a solid value proposition within a desirable area. It would suit a buyer looking for a character home with room to breathe, who values a larger yard over a more modern build date. It’s particularly suited for those who appreciate established communities and see potential in a well-located property where the land itself is a key asset.

Frequently Asked Questions

1. How does this home’s value compare to the rest of Winnipeg?
While the home is competitively priced within Glenelm, its assessed value is below the city-wide average. This highlights Glenelm as a relatively affordable enclave within the city, offering value for money compared to many other areas.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a separate entrance or legal suite potential.

3. Is the lot size a major advantage?
Yes. The lot is significantly larger than most on the street and in the neighborhood. This is a less obvious but substantial asset, offering more privacy, gardening space, play area, or future expansion possibilities than typical lots in the area.

4. What are the implications of the 1913 build date?
The home is older than the city-wide average. While it has charm and a renovated basement, buyers should budget for potential updates to major aging components like the roof, plumbing, or wiring, and consider a thorough inspection.

5. How stable is the value in this area?
The home last sold in 2016. Its current assessment aligns with neighborhood averages, suggesting stable, modest growth typical of established core areas. It’s not an outlier, which can indicate less volatility.