Property Overview
This one-storey home on a spacious lot in Glendale presents a specific and compelling value proposition. Its key appeal lies in its significant land size—nearly 6,000 square feet—which is above average for the immediate street and offers substantial potential for gardening, expansion, or future redevelopment. Built in 1950, it is one of the older homes in the area, which is reflected in its notably lower assessed value compared to neighbours. The living space is modest at just over 1,160 square feet and features a detached garage.
The property would suit a practical buyer looking for a solid entry point into the Winnipeg market, particularly one who values outdoor space over a large or modern interior. It’s also a potential fit for an investor or handy homeowner who sees value in the lot itself and is comfortable with a home that requires updates. The low assessment suggests very manageable property taxes, a less obvious but important financial benefit.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The primary reasons are the home's older age (1950) and its more modest size and condition relative to updated or larger homes on the street. The assessment is based on market value for taxation, and this property currently sits in a lower valuation tier.
2. What does the lot size mean for a buyer?
At nearly 6,000 sqft, the lot is a standout feature. It provides ample yard space and, importantly, greater flexibility for future projects like a large addition, a new garage, or landscaping that wouldn't be possible on a standard city lot.
3. Is the home in its original condition?
Given its age and the context of the data, it is very likely that the home retains much of its original layout and features. Buyers should budget for modernizing essential systems, insulation, and windows to improve comfort and efficiency.
4. How accurate is the last sold price shown from 2017?
The listed range is an estimate from public data. The exact sale price can be requested directly from the site via email, as noted in the details. This historical price is useful for trend context but does not reflect current market value.
5. What is the neighbourhood like?
Glendale is a established, residential neighbourhood in Winnipeg. The specific street data shows a mix of home ages and sizes, suggesting a mature area without uniform, newer development, which often contributes to a more varied and affordable streetscape.