Property Overview & Key Characteristics

This one-storey home at 56 Ellesmere Avenue in Winnipeg's Glenwood neighbourhood is a practical and modest property. Built in 1924, its 916 sqft living area is typical for the immediate street but is below the citywide average, offering a compact and manageable layout. A key feature is its renovated basement, which adds valuable functional space. The property sits on a 2,564 sqft lot, which is smaller than many in the wider area but proportionate to the home's size.

Its primary appeal lies in its affordability and location within a stable, established community. The home represents an entry point into the Winnipeg market, particularly suited for first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property. Its renovated basement adds versatility, potentially serving as a separate living area, rental unit, or family space. A thoughtful perspective is that while its metrics (size, lot, age) rank below average citywide, they are much more competitive within its own street and neighbourhood, suggesting it fits comfortably in its local context without the premium of a larger, newer home.

Frequently Asked Questions

1. What is the actual recent sold price?
While public data shows a sale in June 2022 in the range of $235k-$265k, the exact sold price is not publicly listed. You can request the precise figure via email from the listing source.

2. How does this home compare to others on the street?
The data indicates it is quite typical for Ellesmere Avenue. Its living area and assessed value are both around the average for the street, though the lot size is a bit smaller and the home is older than many of its immediate neighbours.

3. Is there potential for expansion or a major addition?
The lot size is smaller than the neighbourhood average, which may limit options for large horizontal additions or extensive outdoor amenities. Any significant expansion would likely need to be vertical or involve reconfiguring the existing footprint, subject to local zoning.

4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or agent to understand if it's a finished living space, a modernized utility area, or includes separate entrance potential.

5. Why is the citywide assessed value comparison so different?
The home's assessed value is around $26,800, which ranks below average citywide because that comparison includes all property types and values across Winnipeg. It's more meaningful to compare it to the Glenwood neighbourhood average (around $32,100) and the Ellesmere Avenue average (around $30,800), where it is much more competitive.