Property Overview: 76 Stranmillis Avenue, Glenwood
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1945, offering a practical footprint of 744 sq. ft. on a standard city lot. Its key appeal lies in its position as an affordable entry point into the established Glenwood neighbourhood. The home presents a straightforward opportunity: it's a smaller, post-war property that is financially accessible, with an assessed value that is modest relative to the wider city. The detached garage and renovated basement add functional value.
This property would best suit a first-time buyer, an investor, or someone looking to downsize, prioritizing location and lot ownership over interior square footage. Its below-average living area compared to city norms means it’s not for those needing ample space, but it offers a chance to own a home with potential in a mature area without a premium price tag. A thoughtful perspective is that its very modest size and assessed value could represent a lower property tax burden, and the lot itself may hold long-term value for expansion or redevelopment, subject to local regulations.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
At 744 sq. ft., the living area is below the average for both the Glenwood neighbourhood and the city of Winnipeg as a whole. It is a characteristically compact, post-war home.
2. What is the property’s assessed value, and how does it compare?
The assessed value is $28,100. This is around the average for Stranmillis Avenue and Glenwood but is significantly below the average assessed value for homes across Winnipeg.
3. Has the home been updated?
The listing indicates the basement has been renovated. The condition of the main living areas, roof, and major systems should be verified through a professional inspection.
4. What is the recent sales history for this address?
Public records indicate a sale in July 2019 for an estimated range of $25,500 to $28,500. For the exact sale price, you can request the information directly via the provided email service.
5. What are the potential uses for the detached garage and lot?
The detached garage provides valuable storage or workshop space. The standard-sized lot (4,284 sq. ft.) is typical for the area and could accommodate gardening, outdoor living, or, in the future, potential expansion, pending a review of zoning and bylaws.