Property Summary: 139 Imperial Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home in Glenwood is defined by its modern age and efficient use of space. Built in 2019, it is a notably newer construction compared to most homes in its immediate area and across Winnipeg, offering contemporary building standards and minimal initial maintenance. With 1,444 sqft of living space, it provides ample room and ranks well above average for the neighbourhood. Its appeal lies in this combination of a modern, move-in-ready home within an established community.
The property suits buyers seeking a low-maintenance, newer home without a suburban greenfield footprint. It’s ideal for professionals, small families, or downsizers who prioritize interior space and modern amenities over a large yard, as the lot is compact. The detached garage adds utility. A thoughtful perspective is that this home represents a trade-off: you gain a newer structure with likely better energy efficiency, but you sacrifice the larger lot size typical of older neighbourhoods. Its above-average assessed value for the street suggests it is perceived as a premium offering in this specific location.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished and presents a blank canvas for future expansion or storage.
2. How does the lot size impact the property?
The land area is significantly smaller than most lots on the street and in the city. This means lower outdoor maintenance but limited space for additions, large gardens, or extensive outdoor recreation.
3. Why is the assessed value so much lower than the city-wide average home value?
The assessed value here is for municipal tax purposes and is not a market valuation. The city-wide average assessment shown is approximately $390k, but this figure seems inconsistent with typical Winnipeg market prices and may be an error in the source data. Market value is better indicated by the recent sold price history.
4. What does the sold price history indicate?
The home sold in August 2023 for an estimated range of $445,000 - $475,000, and previously in February 2019 for $345,000 - $375,000. This shows significant appreciation, consistent with it being a new build purchased pre-construction and later resold.
5. Who are the most likely neighbours?
Given the home's age, neighbours will likely be in older, character homes. This can create a pleasant streetscape mix but may mean less immediate shared experience regarding home maintenance or renovation timelines compared to a uniform new subdivision.