Property Overview
This one-and-a-half storey home on Imperial Avenue in Glenwood is a classic Winnipeg property with solid, unpretentious appeal. Built in 1946, it offers 1,276 sqft of living space and sits on a standard 4,591 sqft lot, with a detached garage and a renovated basement. The data suggests it is a quintessential "middle-of-the-road" home for the area: its living space is notably above average for Glenwood, while its assessed value, land size, and age are all very typical for the neighbourhood. This creates a value proposition of a comfortable, established home without extreme premiums or major compromises compared to its immediate peers.
Its primary appeal lies in its stability and neighbourhood context. It suits a practical buyer—perhaps a first-time homeowner, a small family, or an investor—who prioritizes a move-in-ready baseline (thanks to the renovated basement) in a mature community over flashy modern features. A thoughtful perspective is that while the home is older, its "around average" metrics for the street and area indicate a predictable cost structure and less risk of standing out negatively for property taxes or re-sale comparisons. It’s a home for someone who wants a known quantity in a established area.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,276 sqft, the living area is actually above average for both Imperial Avenue and the wider Glenwood neighbourhood, ranking in the top 22% and 19% respectively. This means you get more interior space than many comparable homes in the immediate area.
2. Is the assessed value in line with the property?
Yes. The assessed value is very typical, ranking around the 42nd percentile both on its street and in Glenwood. This suggests the valuation is consistent with the local market and shouldn’t be an outlier for tax purposes.
3. What does the sold price history indicate?
The home sold in September 2022 for an estimated range between $305,000 and $335,000. This placed it around the 34th percentile for its street at the time, meaning it sold for less than many neighbours, potentially indicating a previous sale that reflected its then-condition or market timing.
4. What are the less obvious considerations with a 1946 build?
While the renovated basement is a plus, a home from this era will have core systems (like plumbing, electrical, and the roof) that are likely original or aged. Their condition and any updates should be a key focus of an inspection, beyond the visible renovations.
5. How does the lot size impact future potential?
The lot is a standard size for the area. It offers adequate outdoor space but is not unusually large, so major expansions or additions could be limited by setback bylaws. Its typical size is consistent with the neighbourhood's character.