Property Overview
This 2020-built, two-storey home at 115 Imperial Avenue in Winnipeg's Glenwood neighborhood offers modern living in an established area. Its primary appeal lies in being a relatively new construction, which means minimal immediate maintenance and modern building standards. With 1,368 sqft of living space and a renovated basement, it provides comfortable room for a small family or couple. The home ranks well above average for its year built, living area, and assessed value within its immediate street and neighborhood, indicating a premium property in its local context. It’s important to note the lot is smaller than typical for the area, which may mean less private outdoor space but also less yard maintenance.
This property would suit buyers looking for a move-in-ready, modern home who want the character of an older neighborhood without the potential issues and renovation projects of an older house. It’s ideal for those who prioritize interior space and modern amenities over a large yard.
Key Details & FAQs
- Key Characteristics: Built in 2020. 1,368 sqft two-storey with a renovated basement. No garage. Located on a smaller lot (2,550 sqft).
- Appeal: Modern construction in the established Glenwood area. Above-average size and assessed value for the neighborhood. Renovated basement adds functional space.
- Ideal For: Buyers seeking a low-maintenance, newer home in a mature neighborhood. Suitable for small families or professionals who value modern interiors over expansive outdoor space.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is in the top 10-12% on its street and in Glenwood, meaning it is valued significantly higher than most immediate neighbors. This often reflects its newer construction and larger living area compared to the many older, smaller homes in the area.
2. What are the implications of having a smaller lot?
The lot is smaller than about 90% of properties in Glenwood. This typically means a more compact backyard, potentially less privacy, and less space for additions like a detached garage. On the positive side, it requires less landscaping and yard upkeep.
3. The home sold recently in 2024 and 2020. What does that indicate?
The two sales in four years could suggest a number of things, such as an investor flipping the property, a homeowner’s changing circumstances, or the initial sale of a newly built home. It does indicate active recent market interest.
4. What is the benefit of a "renovated basement" in a 2020 home?
For a home this new, a basement renovation is often a finished lower level completed shortly after construction. This adds immediate liveable or recreational space without the buyer needing to undertake the project themselves.
5. There’s no garage. How does that affect parking and storage?
The property has no garage, which is common for older neighborhood infill lots. Buyers should plan for street parking and consider the basement or other solutions for storage and vehicle protection during winter.