Property Summary: 159 Imperial Avenue, Winnipeg
Key Characteristics & Appeal
This is a modern, two-storey home built in 2022, offering a move-in-ready opportunity in Winnipeg's Glenwood neighborhood. Its primary appeal lies in its new construction status and above-average interior space. With 1,404 sqft of living area, it ranks in the top 13% for size both on its street and in the Glenwood area, providing more room than many nearby homes. The property features a renovated basement and sits on a modest, low-maintenance lot.
The home’s assessed value places it in an elite tier for Imperial Avenue (top 5%) and Glenwood (top 7%), suggesting a perceived quality and desirability that outpaces most immediate comparables. This combination of new builds, generous living space, and strong assessed value creates a compelling profile for buyers seeking a modern home without the wait or hassle of building.
This property would best suit first-time buyers or young professionals looking for a contemporary, low-maintenance home in an established area. It’s also a strong match for value-conscious buyers who prioritize modern systems and interior space over a large yard. The smaller lot size is a trade-off, making it less ideal for those wanting extensive outdoor space for gardening or recreation.
Frequently Asked Questions
1. Is the high assessed value a good sign for resale?
While a high assessed value relative to neighbors can indicate superior materials, finishes, or desirability, it's not a direct predictor of future sale price. It does suggest the municipality views the property as a premium offering in its immediate context.
2. What does "renovated basement" mean for a 2022 home?
Given the home's new build year, this likely indicates the basement was fully finished as part of the original construction or shortly after, not a subsequent renovation. It means the additional living space is contemporary and integrated with the home's overall design.
3. How significant is the smaller land area?
The lot is notably smaller than averages for the street, area, and city. This means lower exterior maintenance but also limited private outdoor space. It emphasizes the property’s focus on interior living space over yard size.
4. There's no garage. How does that impact value and convenience here?
The lack of a garage is a consideration for vehicle storage and winter convenience. However, in an urban neighborhood like Glenwood, on-street parking is often the norm. The value impact is partially reflected in the property metrics already.
5. The sold price history shows a range. Why isn't the exact price listed?
Exact sale prices in Manitoba are not publicly available through standard databases. The provided range is estimated from public data, and the service offers to manually retrieve and share the precise sale price upon request to ensure accuracy for serious buyers.