158 Glenwood Crescent

Property Overview

This one-and-a-half storey home at 158 Glenwood Crescent in Winnipeg's Glenelm neighbourhood presents a specific and compelling value proposition. Built in 1940, its key appeal lies in the combination of a renovated basement, an attached garage, and a significantly larger-than-average lot for the area. With 8,053 square feet of land, the property ranks in the top 11% citywide for lot size, offering rare potential for gardening, expansion, or outdoor living in a mature community. The living area (946 sq ft) is modest, placing it below average for the street and city, which suggests a cozy, efficient layout rather than a spacious one.

The home’s assessed value positions it as an above-average property within Glenelm itself (top 7%), indicating it is seen as a solid asset in this specific, desirable locale. This combination suits buyers looking for a character home in an established neighbourhood who prioritize land size over interior square footage. It’s ideal for a first-time buyer, a downsizer, or an investor seeking a property with "good bones" and outdoor potential, where the value is anchored in the lot and location rather than sheer interior size. A thoughtful buyer might see the generous yard as a long-term asset for personal enjoyment or future value addition, balancing the home's more compact footprint.

Frequently Asked Questions

1. Is the house small compared to others on the street?
Yes. The living area of 946 sq ft ranks in the top 85% on Glenwood Crescent, meaning about 85% of comparable homes on the street are larger. The average on the street is about 1,499 sq ft.

2. What is the standout feature of this property?
The lot size. At over 8,000 sq ft, it is significantly larger than the average lot in Glenelm (3,848 sq ft) and ranks in the top 7% for the neighbourhood, offering substantial outdoor space.

3. How does its value compare to the neighbourhood?
Its assessed value ranks in the top 7% for Glenelm, meaning it is considered an above-average property within this specific neighbourhood, despite the smaller living space.

4. How old is the home, and is that typical?
The home was built in 1940. This is newer than the average home on Glenwood Crescent (avg. 1927) and in Glenelm (avg. 1925), placing it in the top 10-20% for being a newer build in this historic area.

5. Where can I find the exact historical sale price?
The listed sale price ranges are based on public data. To obtain the precise sold price from records like April 2021, you can request it via email from the site, which provides the information manually without marketing spam.