Property Overview: 125 Harrowby Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in Glenwood presents a classic, no-frills opportunity. Built in 1917, its 982 sqft living area and 4,100 sqft lot are very typical for the immediate street and neighborhood, offering a sense of consistency and established community. The home features a detached garage and an unrenovated basement, indicating a property that is functional but awaits modernization.

Its primary appeal lies in its position as a relatively accessible entry point into the Winnipeg market. The assessed value is notably below averages for the street, neighborhood, and city, suggesting a potentially lower price point. This isn't a move-in-ready showcase; its charm is for the practical buyer who sees value in a solid, older home on a decent lot, viewing the dated elements as a canvas for personalization or a long-term investment. It would suit a first-time buyer comfortable with a project, an investor looking for a rental property with classic character, or someone seeking a lower-cost footprint in a mature area without the premium of a recent renovation.

A less obvious perspective is the advantage of its "average" metrics on the street. You're not overpaying for an outlier, but buying into the established norm of the block, which can provide stability and predictable comparisons for future value. The very fact that it hasn't been recently flipped means any added value through thoughtful updates will be yours to realize.

Section 2: Frequently Asked Questions

1. What does "below average" assessed value really mean for me?
It generally indicates the city's tax assessment is lower than many comparable homes, which can mean a relatively lower property tax bill and may suggest a more affordable purchase price, though the final sale price is determined by the market.

2. The basement is noted as "not renovated." What should I expect?
You should anticipate a functional but dated space typical of a century-old home. It likely has lower ceilings, older finishes, and mechanical systems (like wiring and plumbing) that may not be modernized. It represents potential for future living space or storage, but will require inspection and likely investment.

3. How does the 1917 build year affect the home?
While offering classic character, it necessitates a particularly thorough home inspection. Key focus areas will be the foundation, roof, insulation, and the condition of major systems like electrical, plumbing, and heating, which may be older or have been updated piecemeal over the decades.

4. The home seems small compared to the city average. Is it a concern?
At 982 sqft, it's smaller than the Winnipeg average, but it's perfectly aligned with the typical size of homes on Harrowby Avenue and in Glenwood. This reflects the character of established, older neighborhoods where efficient use of space is common. It's a feature, not a flaw, for the right buyer.

5. Can I get the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide this precise data manually via email upon request, which is a common practice to ensure accuracy and verify serious interest.