Property Overview: 73 Egerton Road, Glenwood, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1943, presents a solid, no-fuss opportunity in Winnipeg's Glenwood neighbourhood. With 1,108 sqft of living space and a renovated basement, it offers functional space for a smaller household or first-time buyer. Its assessed value of $45.3k stands out as above average for Glenwood, suggesting a favourable position within the local market relative to property taxes.
The appeal here is grounded in practicality and location. The lot size of 5,376 sqft is generous for the neighbourhood, providing above-average outdoor space in a city-wide context. A detached garage adds utility. While the home’s living area and age are typical for its street, its value and land size are strong points within the broader community. It suits a buyer looking for a straightforward, character home with a decent-sized yard, who values a classic neighbourhood feel over modern square footage. It’s a property where the value seems to lie more in the land and location than in the size or newness of the structure itself.
Frequently Asked Questions
1. What does the assessed value tell me about this property?
The $45,300 assessment is notably above the Glenwood average, ranking in the top 11% for the neighbourhood. This often indicates the municipality views the property as having good value relative to others nearby, which can be positive for equity, though it's one factor among many in determining market price.
2. How does the lot size compare?
At over 5,300 sqft, the lot is larger than most in Glenwood (top 15%), offering more private outdoor space than you might typically find. On its own street, however, lots tend to be larger, so this one is slightly below that specific average.
3. The home was built in 1943. What should I consider?
While the basement has been renovated, the core structure is over 80 years old. Prospective buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and electrical systems, which may need updates or maintenance.
4. How does the living space feel for its size?
At 1,108 sqft, the living area is modest by today's standards and is average for both the street and city. The one-and-a-half storey layout typically means bedrooms on the upper level, which can have sloped ceilings. It's well-suited for individuals, couples, or small families.
5. Where can I find the exact historical sale prices?
The listing notes that exact sold price history is available by request. You can provide your email to the listing service to receive the accurate figures manually, as the public chart shows estimated price ranges.