Property Overview: 310 Regal Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated, single-storey home in Glenwood, built in 1950. Its primary appeal lies in a combination of a generous, above-average lot and a recently renovated basement, offering solid value within its established neighborhood.
The home itself is compact at 792 sq ft, which is below average for the city but fairly typical for the area. This is balanced by a substantial land area of nearly 6,000 sq ft, ranking in the top 20% on its own street. This presents a significant opportunity for gardening, outdoor living, or future expansion. The detached garage and renovated basement add practical living and storage space.
With an assessed value of $350k that ranks above average for both the street and Glenwood, the property is positioned as a premium offering within its immediate locale. It would suit first-time buyers or downsizers looking for a manageable, single-level layout in a mature neighborhood, with the lot size being a key asset. It’s also a sensible option for value-conscious buyers who prioritize land over sheer interior square footage and appreciate the character and stability of a post-war community.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 792 sq ft of living area, the house is cozier than the Winnipeg average. However, it is quite comparable to other homes in the Glenwood area, where smaller, character homes are common.
2. What does the "above average" assessed value mean for this street?
The $350k assessment is higher than most on Regal Avenue. This typically reflects the renovated basement, the larger lot size, and the overall maintained condition compared to immediate neighbors.
3. Is the large lot a common feature here?
Yes and no. The lot is significantly larger than the average for both the street and Glenwood, ranking highly. This is one of the property's standout features and offers more privacy and space than many nearby homes.
4. What is the likely buyer competition for this home?
Given its size and layout, it likely appeals most to individuals, couples, or small families not needing extensive interior space. Its strongest competition will come from buyers who specifically value outdoor space and renovation potential over a move-in-ready, large interior.
5. How recent are the renovations?
The detail confirms the basement is renovated, but the exact date and scope are not specified. A buyer should inquire about the permits, quality, and timing of this work to understand its true value and condition.