Property Overview: 148 Blenheim Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Glenwood presents a practical and value-oriented opportunity. Built in 1949, its key appeal lies in its strong position within its immediate locale. The 900 sqft living area is above average for Blenheim Avenue itself, and the property sits on a larger-than-typical lot for the Glenwood neighbourhood, offering valuable outdoor space. A recently renovated basement and a detached garage add functional utility. The assessed value is notably above average for the street, suggesting solid fundamentals.
Its appeal is grounded in affordability and space relative to its direct surroundings, rather than city-wide comparisons. It suits first-time buyers seeking a manageable footprint with room to grow, or pragmatic investors looking for a character home with rental potential (given the basement suite possibility). A thoughtful perspective is that while the home is older, it is actually newer than many on its street, potentially meaning fewer immediate heritage-related renovation constraints compared to neighbours.
Section 2: Frequently Asked Questions
1. What does the sold price history indicate?
The home sold in June 2023 for an estimated $33.5k–$36.5k, which was in the top 9% of sale prices for Blenheim Avenue at that time. This indicates a strong market reception and a value that stands out on its own street.
2. How does the living space compare?
At 900 sqft, it is comfortably above the average (874 sqft) for similar homes on Blenheim Avenue. While it’s smaller than the Winnipeg city average, it offers efficient use of space for the neighbourhood.
3. Is the lot size a significant feature?
Yes. The 5,131 sqft lot is above average for the Glenwood area, providing more private outdoor space than many nearby properties—a key advantage for gardening, play, or future expansion.
4. What does the above-average assessed value mean?
An assessed value in the top 15% on its street often reflects a combination of the home’s condition, improvements (like the renovated basement), and lot size. It suggests the property is considered a higher-quality asset within its micro-market.
5. Who might this property not suit?
Buyers seeking a modern, large-footprint home or those prioritizing a below-average purchase price for the entire city may find better options elsewhere. This home’s value is most apparent when evaluated against its immediate peers on the street and in Glenwood.