Property Overview
This two-storey home at 1-10 Ellesmere Avenue in Winnipeg's Glenwood neighbourhood presents a distinct profile. Built in 2018, it is a notably modern property in a city and area where most homes are decades older. Its key appeal lies in its generous 1,592 sqft of living space, which ranks well above average for both the street and the wider neighbourhood, paired with a recently renovated basement. The trade-off is a smaller, more urban-style lot of 2,563 sqft. With no garage or pool, the property emphasizes interior living space over expansive outdoor or utility areas. Its assessed value places it in the higher tiers for the immediate area.
This home would suit buyers looking for a modern, low-maintenance build with ample interior room, who prioritize being in an established neighbourhood without the concerns of an older home's potential repairs. It's less suited for those wanting a large private yard, garage parking, or a property with vintage character.
Frequently Asked Questions
What does the ranking data actually mean for a buyer?
The data shows this home is a standout in its immediate vicinity for size, newness, and value. While its lot is smaller than most, you are getting significantly more modern and finished living space compared to neighbouring properties, which typically are much older and smaller.
Is the low assessed value a concern?
No, the assessed value is relative. At approximately $54k, it ranks in the top 5-7% for Glenwood, indicating it is considered a high-value property for this specific area. It should not be compared to city-wide averages, which include newer suburban developments.
What are the implications of a 2018 build in an older neighbourhood?
This is a key advantage. You benefit from modern building codes, materials, and energy efficiency, which likely means lower maintenance and utility costs compared to the neighbourhood's older stock. However, it may have a different architectural character than the surrounding homes.
How should I interpret the sold price history from 2021?
The listed sale range of $53.5k-$56.5k from 2021 aligns closely with the current assessed value, suggesting stable valuation. For the most accurate and current market context, requesting the exact sold price history directly is recommended.
What is the practical impact of having no garage?
This means relying on street parking and requires planning for vehicle protection during Winnipeg winters. It also reduces dedicated storage space, though the renovated basement can help offset this.