Property Overview: 65 Hart Avenue, Glenelm, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Glenelm stands out for its above-average living space and a notably modern build date for the area. With 1,560 sqft of living area, it offers more room than most homes on its street and in the neighbourhood. A key feature is its 1961 construction, making it decades newer than many surrounding properties, which often date to the early 1900s. This suggests potentially fewer concerns with the aging infrastructure common in heritage areas. The basement has been renovated, adding functional space.

The appeal lies in its relative modernity and space within a well-established, character neighbourhood. It suits a buyer looking for the charm and community of Glenelm but with a home that likely requires less immediate updating or major maintenance than its older counterparts. The property’s assessed value is elite for the immediate area, indicating it is a high-value asset on its street. It would particularly suit a practical buyer who values neighbourhood character but prioritizes a more contemporary foundation, or someone looking for a move-in-ready home with updated living spaces without venturing into newer suburban developments.

Section 2: Frequently Asked Questions

1. Why is the assessed value so high compared to neighbours?
The assessed value is in the top 1% on Hart Avenue. This is likely due to the combination of its larger living area, newer construction date (1961), and the renovated basement, which together significantly increase its value relative to many older, smaller homes in the immediate vicinity.

2. What does the 1961 build year mean for this home in Glenelm?
Glenelm is known for its early 20th-century homes. A 1961 build is in the top 3% for the neighbourhood, meaning this is one of the newest homes in the area. This can be an advantage for systems, layout, and insulation, potentially offering a different feel than the neighbourhood's classic heritage stock.

3. How does the lot size compare?
The land area is approximately 3,299 sqft, which is above average for Hart Avenue but slightly below average for the wider city. This is typical for established inner-city neighbourhoods and provides a standard urban yard.

4. What is the likely price range based on recent sales?
Based on similar nearby sales data, a comparable home at 43 Silvia Street (also 1,560 sqft) sold for between $22.5k and $25.5k in early 2018. It is crucial to request the exact sold price history and consult a current market evaluation, as this data is several years old and the market has changed.

5. Are there any obvious drawbacks?
The property has no garage, which is common for the area but a consideration for vehicle storage. Additionally, while the home is newer than its neighbours, a 1961 build still requires a thorough inspection of all major systems, as it is now over 60 years old.