Property Overview
This 848 sqft, one-storey home on a 5,110 sqft lot presents a specific and compelling value proposition in Winnipeg's Glenwood neighbourhood. Built in 1948, its key appeal lies in the balance between a modest, renovated living space and a significantly larger-than-average lot for the immediate area. While the house itself is compact and typical for its vintage locally, the land size ranks in the top 6% on its own street, offering a notable amount of private outdoor space that is uncommon for the area. The assessed value is strong for the street, indicating perceived stability.
This property would suit a first-time buyer or downsizer looking for a manageable home with immediate "move-in" condition due to the renovated basement, but with the future potential that a large lot affords. It's also a practical fit for someone valuing outdoor space for gardening, pets, or family activities over a large interior footprint. The detached garage adds utility for storage or projects.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 5,110 sqft lot is a standout feature. It's significantly larger than the average lot on Clonard Avenue (approx. 4,235 sqft) and in the Glenwood area overall, offering more privacy and yard space than most neighbouring properties.
2. Is the living space sufficient for a small family?
At 848 sqft, the main floor living area is compact. The renovated basement provides additional finished space, but the layout would suit a couple, a small family, or someone comfortable with efficient use of space better than those needing multiple large bedrooms or common areas.
3. What does the assessed value tell us?
With an assessed value that ranks in the top 30% on its street, the property is viewed as above average for its immediate locale. This can suggest a well-maintained home or desirable lot characteristics relative to close neighbours.
4. What are the implications of the home's age?
Built in 1948, the home is typical for the mature Glenwood area. Buyers should budget for maintenance consistent with a home of this era and consider a thorough inspection for aging components like the roof, wiring, and plumbing, even with a renovated basement.
5. Who might this property not suit?
It may not be ideal for buyers who prioritize a modern, open-concept layout or require extensive main-floor square footage without considering the basement. Those looking for a turn-key property with a massive interior on a standard city lot might find better value elsewhere.