Property Overview: 136 Blenheim Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Glenwood presents a practical and value-oriented opportunity. Its key appeal lies in its balance of a generous, above-average lot size for the neighbourhood and a recently renovated basement, offering immediate livability and potential. With a living area of 768 sqft, the house itself is compact, suggesting a focus on efficient living rather than ample space.
The property stands out for its strong positioning on its own street (Blenheim Avenue), ranking notably high for its assessed value and newer year of build (1949) compared to immediate neighbours. This indicates a perceived value and relative modernity within its specific block. The detached garage adds practical storage or workshop space.
This home would best suit first-time buyers, downsizers, or pragmatic investors seeking an entry into the market with a manageable footprint. Its appeal is grounded in fundamentals: a solid lot, updates where they count (the basement), and a location where the property metrics outperform its direct peers. It’s a home for those who prioritize lot potential and neighbourhood stability over square footage, and who see value in a property that stands above its immediate surroundings in key financial and maintenance aspects.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the area?
At 768 sqft, the living area is below the average for both the Glenwood neighbourhood and Winnipeg city-wide. However, on its own street, it ranks around the average. This highlights the character of Blenheim Avenue as a street of more modestly sized homes, making this property a typical offering in its immediate context.
2. What does the assessed value ranking tell me?
The assessment of $30.3k ranks in the top 24% on Blenheim Avenue, meaning it is assessed higher than most homes on the same street. This can signal that the municipality views the property as having above-average value in its micro-location, potentially due to factors like its lot size, condition, or the renovated basement.
3. Is the lot size a significant feature?
Yes. The 5,131 sqft lot ranks in the top 20% for the Glenwood neighbourhood, meaning it is larger than most nearby properties. This is a less obvious advantage, offering more outdoor space, privacy, and future potential than is typical for the area.
4. The home was built in 1949. What should I consider?
While 77 years old, the home is actually newer than most on its street (ranking in the top 9%). This relative modernity for the block could suggest updates over time or potentially fewer immediate concerns with some aging infrastructure common to the era. A thorough inspection remains essential.
5. What is the context of the last sold price?
Public records show it sold for an estimated $33.5k–$36.5k in June 2023. This was well above the average sold price for the street at that time, indicating strong market interest and validating its above-average assessed value on the block.