Property Overview: 2-15 Morier Avenue, Glenwood
Section 1: Key Characteristics & Appeal
This is a well-maintained condo in Winnipeg's Glenwood neighbourhood, built in 2014. Its key strength is its modern age combined with above-average space for the area. At 1,077 sqft, the living area is significantly larger than most Glenwood homes, placing it in the top 5% locally. It features a renovated basement, adding functional space.
The appeal lies in its balance of a contemporary build, generous sizing, and a solid value trajectory. Historical sold price data shows consistent growth, with each sale outperforming a greater percentage of comparable properties. It suits practical buyers looking for a move-in-ready, low-maintenance home without sacrificing square footage. It’s particularly fitting for first-time buyers or downsizers who want a modern property in an established neighbourhood, and who value a home that has historically appreciated well against its peers.
A less obvious perspective: while its assessed value is strong citywide, it is notably "around average" on its own street. This suggests Morier Avenue may be a street of uniformly good properties, offering a stable and desirable micro-location without the premium of a standout "top" street price.
Section 2: Frequently Asked Questions
1. What does the sold price history actually indicate?
The data shows three sales (2016, 2021, 2024) where the sold price range consistently placed in a higher percentile each time. This indicates the property has not only increased in value but has been appreciating at a rate that outpaces an increasing number of comparable homes.
2. How does this condo compare to others in Glenwood?
It is elite for its size and age in Glenwood. Most homes in the area are much older (average year built ~1974) and smaller (average living area ~671 sqft). This makes it a distinctly modern and spacious option in the neighbourhood.
3. Is the assessed value a reliable indicator of the selling price?
The current assessed value ($31,600) is a municipal valuation for tax purposes. Notably, the last sold price range (2024) was $32.5k–$35.5k, which was above the citywide average. Market conditions and property features often result in a sale price different from the assessed value.
4. What are the nearby properties like?
Immediate neighbours on Morier Avenue are of similar vintage and value. The provided comparisons show a mix of older, smaller character homes and brand-new, larger builds on the same street, suggesting a neighbourhood in transition or with diverse housing stock.
5. How is "above average" or "top percentile" determined?
The rankings compare this property to three groups: homes on the same street, in Glenwood, and citywide. For example, being in the "Top 5%" for living area in Glenwood means 95% of comparable local homes are smaller. This contextual data is more meaningful than a standalone number.