152 Imperial Avenue

Property Summary: 152 Imperial Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home in Glenwood offers a practical blend of modern convenience and manageable scale. Built in 2013, it is a notably newer construction compared to most Winnipeg homes, suggesting contemporary building standards and potentially lower immediate maintenance. With 1,344 sqft of living space, it provides ample room for a small family or couple, ranking above average for size within its immediate neighborhood and street. Its assessed value is also consistently above average for the local area, indicating a solid standing in the market.

The primary appeal lies in this modern efficiency on a smaller, low-maintenance lot. While the land area is compact relative to city and neighborhood averages, this translates to less yard work and a focused living space, which can be a significant advantage for busy professionals or those looking to downsize without sacrificing a modern home. The property suits first-time homebuyers seeking a move-in-ready, newer build, or practical investors attracted by a modern asset in a stable neighborhood. It's a home for those who prioritize the condition and interior space of the dwelling over a large outdoor parcel.

Frequently Asked Questions

1. Is the basement finished?
No, the basement is present but not renovated, offering blank-canvas storage or future expansion potential.

2. Why is the land size notably smaller than the neighborhood average?
This reflects newer infill development patterns, where modern homes are built on subdivided lots. It's a trade-off for a newer house in an established area.

3. How does the recent sold price compare to the assessed value?
The home sold in mid-2024 for between $40.50k and $43.50k, which is close to its assessed value of $37.80k, suggesting the assessment is relatively aligned with recent market activity.

4. What are the parking arrangements since there is no garage?
The listing indicates no garage, so parking would be via driveway or on-street. Checking specific municipal bylaws for on-street parking is advisable.

5. Given it's a newer build on a small lot, what should I consider?
Consider the long-term resale appeal of a home with a smaller yard in the area, and verify if any restrictive covenants or easements apply to the subdivided lot. Also, inquire about the builder and warranties that may still be in effect.