Property Overview

This bi-level home at 76 Harrowby Avenue in Winnipeg's Glenwood neighbourhood presents a specific and compelling profile. Built in 2019, it is a notably modern property within a community of mostly older homes. With 978 sqft of living space and a renovated basement, it offers efficient, contemporary living on a modest 2,566 sqft lot. Its assessed value of $418,000 is strong for its immediate area, suggesting it is viewed as a premium offering on its street.

Key Characteristics & Appeal

The primary appeal of this home lies in its combination of new construction and established location. As a 2019 build, it offers modern building standards, energy efficiency, and minimal immediate maintenance, which is a rare find in Glenwood. This makes it particularly suited to buyers seeking a "lock-and-leave" lifestyle or those who want to avoid the surprises and renovation projects often associated with older homes. Its above-average assessment for the street indicates it likely has finishes and conditions that set it apart from neighbouring properties.

However, its living space is compact and the lot is smaller than typical for both the neighbourhood and the city. This trade-off means the property may not suit those needing ample room for growing families or extensive outdoor space. Instead, it would be ideal for first-time buyers, downsizers, or investors looking for a modern, low-maintenance property in a central Winnipeg neighbourhood. Its value is more in its condition and age than in its square footage.

Frequently Asked Questions

1. Is this a good value for the area?
The assessed value is in the top 12% on Harrowby Avenue, meaning it is priced significantly higher than most neighbours. This reflects its newness and condition. Value depends on whether you prioritize modern construction over larger size, as many area homes are older but may offer more space for a similar price.

2. What does the "renovated basement" include?
The listing notes a renovated basement but does not specify the details. This should be a key point of inquiry to understand if it's a finished living space, a legal suite, or updated utilities, as this significantly impacts usable space.

3. How does the lack of a garage affect parking and storage?
The property has no garage. Buyers should investigate on-street parking permits, winter parking bans, and consider where to store vehicles, bicycles, and seasonal items, as the home's storage capacity may be limited.

4. The lot is smaller than average. What are the implications?
The 2,566 sqft lot means minimal yard maintenance, but also limited private outdoor space for gardening, play, or entertaining. It's important to view the yard in person to see if it meets your needs.

5. Why is the last sold price from 2019 so much lower than the current assessment?
The home was sold new in late 2019, likely by the builder to the first owner. The current assessed value reflects the market value after being a lived-in home, along with general property value increases over the past several years.