Property Overview: 12 Stranmillis Avenue
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Glenwood neighbourhood, built in 1928. With 752 sqft of living space, it is notably smaller than average for the area, positioning it as a more manageable property. Its key features include a renovated basement and a detached garage. The assessed value is modest compared to the city-wide average, but is typical for Stranmillis Avenue itself, suggesting it is priced in line with its immediate locale.
The appeal lies in its simplicity and potential. The smaller scale means lower maintenance and utility costs, offering an accessible entry point into homeownership. The renovated basement adds functional living space, a significant asset in a smaller home. It suits first-time buyers, downsizers, or investors looking for a straightforward, character property in a well-established neighbourhood without the footprint or price tag of a larger modern home. A thoughtful perspective is that its average metrics for the street indicate stability and predictability, not standing out as over-improved or undervalued within its most direct peer group.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 752 sqft, the home is below the average size for Glenwood. It is best suited for individuals, couples, or small families comfortable with efficient living. The renovated basement effectively expands the usable space.
2. What does the assessed value tell me?
The assessed value of $29,500 is around average for the street and neighbourhood, but below the Winnipeg city average. This indicates the property is typical for its specific area, which can be helpful for understanding local taxes and market context.
3. How old is the home, and what does that mean?
Built in 1928, the home is older than most in the city. Buyers should budget for maintenance consistent with a character home of this age and consider a thorough inspection to understand the condition of major systems.
4. How has the property's value changed?
Public data shows a significant increase in its sold price range between late 2017 and mid-2023. For the exact historical sold prices, you can request them via email from the listing source.
5. What are the comparable properties like?
Nearby homes on Stranmillis Avenue are of similar vintage and scale. The provided comparisons, like 58 Stranmillis Avenue, show very similar lot sizes, living areas, and assessed values, confirming this is a consistent property type for the block.