Property Overview: 41 Imperial Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Glenwood is a compact, post-war property built in 1945. With 652 sqft of living space, it is notably smaller than most homes in Winnipeg, positioning it as a more manageable footprint. Its key features include a renovated basement and a detached garage. The lot is a standard city size at just over 4,000 sqft.
The primary appeal lies in its efficiency and location. It represents an accessible entry point into the Winnipeg market, particularly suited for first-time buyers, downsizers, or investors seeking a lower-maintenance property. The renovated basement adds functional living space, which is a significant asset given the smaller main floor area. From a financial perspective, the home's assessed value is consistently average for its immediate street and neighborhood, suggesting stability and alignment with local norms rather than standing out as over or under-valued.
A thoughtful perspective is that this home may appeal to those consciously seeking a smaller environmental footprint or wishing to avoid the upkeep of a larger, newer property. Its "around average" metrics on the street for value, lot size, and year built indicate it's a typical home for Imperial Avenue, offering the comfort of fitting in rather than being an outlier.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 652 sqft, the main living area is below the city average. However, the renovated basement provides additional flexible space, making the total usable area more practical for a single person, a couple, or a small family.
2. How does the assessed value compare?
The assessed value of $28,300 is very typical for Imperial Avenue and the wider Glenwood neighborhood, ranking around the 60th percentile. This indicates it is priced in line with local expectations, not an unusually high or low assessment for the area.
3. What is the significance of the home's age?
Built in 1945, the home is older than the city median. Buyers should budget for maintenance consistent with an 80-year-old structure, but also appreciate the character and established neighborhood that comes with an older home.
4. Are the recent sale prices for this home available?
Exact sale prices are not publicly listed in detail. The data shows estimated sale ranges: $28.5k-$31.5k in August 2023 and $22.5k-$25.5k in September 2019. For precise figures, you must request the information directly from the listing service.
5. Who would this property suit best?
It is ideally suited for a minimalist, first-time buyer, or an investor. Its size and average local valuation make it a manageable and financially straightforward option, especially for those who value a renovated basement and detached garage over expansive square footage.