Property Overview: 112 Stranmillis Avenue, Glenwood, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2021, offers modern living in the established Glenwood neighbourhood. Its primary appeal lies in its contemporary construction and efficient, above-average living space. With 1,409 sqft of living area, it ranks in the top 9% on its own street and top 13% in Glenwood for size, offering more room than many nearby homes. The basement is noted as renovated, adding functional space. The assessed value is consistently above average for the area, suggesting a solid investment in a desirable locale.
However, the property presents a distinct trade-off: it sits on a smaller, below-average lot (2,550 sqft). This makes it ideal for buyers who prioritize a modern, low-maintenance home with interior space over a large yard. It would suit first-time homeowners seeking a move-in-ready property without the upkeep of an older home, or downsizers looking for modern comforts in a familiar neighbourhood. Its strong rankings for year built and living area, paired with the smaller lot, indicate a property designed for efficient, contemporary living rather than expansive outdoor space.
Frequently Asked Questions
1. Is this a good value compared to other homes in Glenwood?
The data suggests it is. Its assessed value and living area are consistently in the top 11-13% for the neighbourhood, while being a much newer build (2021) than the area average (circa 1952).
2. What are the implications of the smaller land area?
The lot is significantly smaller than typical for the street, neighbourhood, and city. This likely means lower exterior maintenance and less yard work, but also limited potential for expansions like large decks, pools, or additions. It emphasizes the property's focus on the home itself.
3. The sold price history shows a sale in 2021. What does that indicate?
The home was sold new in 2021, meaning the current listing represents its first resale. This provides a clear, recent benchmark for its market value and suggests all systems and finishes are still under warranty or like-new.
4. How does the renovated basement add value?
A finished basement immediately adds functional living space without increasing the home's footprint—a smart upgrade given the smaller lot. It could serve as a family room, home office, or guest space, enhancing the home's utility.
5. There's no garage. How does that affect parking and storage?
The listing notes no garage, which is common for many urban properties. Buyers should consider on-street parking availability and plan for alternative storage solutions, as the smaller lot may also limit shed options.