Property Overview: 218 Glenwood Crescent, Winnipeg
Key Characteristics & Appeal
This 1.5-storey home, built in 1925, sits on a notably generous 8,588 sqft lot in the Glenelm neighbourhood. With 1,404 sqft of living space and a renovated basement, it offers a blend of classic charm and updated utility. The home’s primary appeal lies in its land size—the lot ranks in the top 5% within Glenelm, providing rare space for gardens, recreation, or future expansion in a mature area. While the house itself is solidly average in size and assessed value for its immediate street, its lot size and above-average standing in the neighbourhood make it a standout.
This property would suit a buyer looking for a character home with ample outdoor space, who values the established feel of Glenelm. It’s ideal for someone who sees potential in the land itself, whether for privacy, gardening, or long-term value. The renovated basement adds practical living space, making it workable for small families or those needing a home office or recreational area. It’s a home for a buyer who prioritizes lot size over a modern footprint.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is around average for Glenwood Crescent but ranks in the top 10% for the broader Glenelm neighbourhood. This suggests you are paying a premium for the desirable location and, notably, the much larger-than-typical lot.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a bathroom or legal secondary suite potential.
3. Is the lot size a major advantage?
Yes. The lot is approximately 2.2 times the average size for Glenelm. This is a significant asset, offering more privacy, green space, and future options (like an addition or garage) compared to most neighbouring properties.
4. What are the implications of the home’s age (1925)?
While the structure is sound and comparable in age to others on the street, a home over 100 years old requires diligent inspection. Focus should be on the foundation, original wiring and plumbing updates, roof condition, and energy efficiency.
5. Why are the sold prices shown as a range?
The provided price ranges are estimates based on public data. To obtain the exact historical sale prices for this property—crucial for understanding its market history—you must request the information directly via the provided email service. This ensures accuracy and compliance with data regulations.