Property Overview: 1-75 Guay Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home in Glenwood stands out primarily for its modern build date and above-average size. Constructed in 2022, it is a notably newer property compared to most homes in its immediate area and across Winnipeg, placing it in the top tier for year built. With 1,366 sqft of living space, it offers more room than many comparable homes in the Glenwood neighbourhood. The basement has been renovated, adding to its functional space. However, the lot size is more compact than average for the city, and the property does not include a garage or pool.
Its appeal lies in the opportunity to own a modern, move-in-ready home without the typical maintenance concerns of an older property, all within an established neighbourhood. The above-average assessed value reflects these desirable characteristics. This property would best suit first-time buyers or small families looking for a low-maintenance, contemporary home in a mature community, who prioritize interior space and modern amenities over a large yard or garage.
A less obvious perspective is that the compact lot could be a practical advantage for those seeking minimal yard upkeep. Additionally, while the assessed value is high for the area, it may represent the growing premium buyers are willing to pay for new construction in established neighbourhoods.
Frequently Asked Questions
1. Is the high assessed value a concern?
Not necessarily. The assessed value is above average for the street, neighbourhood, and city, which primarily reflects the home's new construction date and larger living area compared to older, smaller homes in the area. It is a marker of the property's modern condition and features.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or listing agent to understand the quality and functionality of the space.
3. How does the lack of a garage affect daily living?
This means all vehicle parking will be on the driveway or street. Buyers should consider their needs for vehicle storage, workshop space, and winter weather implications in Winnipeg.
4. The home sold in 2022. Why is it back on the market so soon?
While the exact reason isn't provided, a quick resale can be due to many neutral factors like a job relocation, change in family circumstances, or an investor selling a completed project. It does not inherently indicate a problem with the property.
5. How does the compact lot size compare to neighbours?
The land area is around average for Guay Avenue itself but is below the average lot size for both the broader Glenwood area and Winnipeg overall. This suggests a more efficient use of space, with less yard maintenance, but less private outdoor area than some other homes.