Property Overview: 173 Imperial Avenue, Glenwood, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2020, stands out in its Glenwood neighbourhood for its modern age and efficient use of space. Its primary appeal lies in being a nearly new construction in an established area, offering move-in readiness without the concerns of aging major systems. With 1,370 sqft of living space, it provides above-average roominess for both its immediate street and the wider Glenwood area, yet it sits on a modest, low-maintenance lot.
The property is ideally suited for first-time buyers, downsizers, or investors seeking a modern, low-maintenance home. It appeals to those who prioritize a newer building envelope and interior over a large yard. A thoughtful perspective is its value for the practical buyer: you acquire a significant amount of modern living space without paying a premium for extensive land you may not use. The unrenovated basement presents a clean slate for future customization, adding potential value for a handy owner. It's a home for living in, not landscaping.
Frequently Asked Questions
1. Is this a good value compared to older homes in the area?
The assessed value is above average for the street and neighbourhood, reflecting its newer construction. You are paying a premium for the modern build year, which typically translates to lower immediate maintenance costs and updated building standards compared to the area's older housing stock.
2. What does "basement not renovated" mean?
It indicates the basement is unfinished or in a basic, utilitarian state. It has been built and is usable (for storage, utilities), but it lacks developed living spaces like a rec room or bedroom. This can be an advantage, allowing you to finish it to your own taste and needs.
3. How does the smaller lot size impact the property?
The land area is below average for the city. This means less yard for gardening or play, but also significantly less upkeep—less mowing, fewer landscaping costs—which is a benefit for those seeking a low-maintenance lifestyle.
4. Why is there a range for the last sold price, and how can I get the exact figure?
Sold price data is estimated from public records. The precise sale price is available by request via email from the listing service, which manually verifies the data. They have provided this policy to ensure accuracy before you make decisions based on past sales.
5. Who are the most likely neighbours or competing buyers for this home?
Given its profile, you may be competing with young professionals and new families looking for a modern home in a settled neighbourhood, as well as pragmatic buyers downsizing from larger properties who want new systems without the yard work. Its appeal is specific to those valuing the building itself over land size.