Property Overview: 313 Regal Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1950, presenting a practical opportunity in Winnipeg's Glenwood neighborhood. Its primary appeal lies in its efficient use of space and its generous, above-average lot size of nearly 5,800 sqft—a notable feature for the area. The home itself is modest at 792 sqft, but it includes a renovated basement, adding functional living space, and a detached garage.
The property suits first-time homebuyers, downsizers, or investors looking for an affordable entry point into the market. Its assessed value is positioned around the neighborhood average, suggesting a stable, no-surprises valuation. A thoughtful perspective for the right buyer is the land itself: the lot ranks in the top 21% on its street for size, offering valuable outdoor space or future expansion potential that is uncommon for homes of this scale. It’s a property where the land may hold as much value as the structure, appealing to those with a long-term view.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 792 sqft of living area, the house is more compact than many in Glenwood. However, this is balanced by the renovated basement and a land area that is significantly larger than most lots on the street and in the immediate area.
2. What is the property’s history and recent sale activity?
The home was last sold in October 2019, with a public price range reported between $23.5k and $26.5k. The current assessed value is $29.3k.
3. Is the assessed value typical for Glenwood?
Yes. The assessed value of $29.3k is around the average for both Regal Avenue and the broader Glenwood neighborhood, indicating it is priced consistently with its local market.
4. What are the less obvious factors to consider?
Two key factors are the age of the home (76 years) and the lot size. While the structure will require attention common to homes of its era, the large lot is a standout asset. It offers privacy, room for gardening, or future projects that smaller lots cannot accommodate.
5. How can I find out the exact historical sold prices?
The exact sold prices are not published in the public listing. You can request this detailed history by emailing the provided service; they manually provide the data without using your email for marketing.