Property Overview
10 Imperial Avenue is a classic one-storey home in Winnipeg's Glenwood neighborhood. Built in 1919, it offers 924 sqft of living space with a renovated basement and sits on a 3,901 sqft lot with a detached garage. Its assessed value is $30,400. The home presents a straightforward, no-frills opportunity in a mature community.
Key Characteristics & Appeal
This home’s primary appeal lies in its position as a solid, average-priced entry point into the Winnipeg market. It’s not the largest or newest home on the block, but its renovated basement adds functional living space. The lot size is generous for the area, offering typical backyard potential for a mature neighborhood.
Its character is defined by practicality rather than prestige. It suits a first-time buyer, an investor, or someone looking to downsize who values a straightforward, lower-assessed-value property with some updates in place. A thoughtful perspective is that its 1919 build date, while placing it among the older homes in the city, means it has already stood the test of time and may offer charming, established streetscapes often found in older core neighborhoods. The detached garage is a notable asset for storage, a workshop, or parking in a home of this vintage.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows it is very typical for Glenwood and Imperial Avenue. Its living area, assessed value, and land size are all around the neighborhood average, making it a representative example of homes in this specific area.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to investigate regarding the finish quality, ceiling height, legal egress, and whether it includes a bathroom or kitchenette.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $30,400 is for municipal tax purposes. The historical sold price range from 2022 ($29.5k - $32.5k) suggests it may sell closer to that range, but current market conditions will determine the final price.
4. What are the considerations with a home built in 1919?
While offering classic charm, prospective buyers should budget for and investigate updates to major aging components. A thorough inspection for the foundation, plumbing, electrical systems, and insulation is highly recommended.
5. Why is there such a large difference between the city-wide average assessed value and this home's value?
The city-wide average (shown as $390k) includes all property types and newer areas. This home's assessed value is typical for its specific type (older, one-storey) and location, highlighting Glenwood as a more affordable neighborhood within the wider city market.