Property Overview: 79 Stranmillis Avenue, Glenwood
Key Characteristics & Appeal
This one-storey home, built in 1947, presents a practical opportunity in Winnipeg's Glenwood neighbourhood. Its primary appeal lies in a balanced offering: a modest, renovated 843 sqft living space paired with a significantly larger-than-average lot of over 5,100 sqft for the immediate area. This combination is less common, providing a manageable home with ample outdoor space for gardening, play, or future expansion.
The home’s assessed value is consistent with the local area, suggesting it is priced in line with neighbourhood expectations. A key, less obvious perspective is its positional strength on its own street; the lot size ranks in the top 4% on Stranmillis Avenue, offering a relative land premium that isn't immediately apparent from the city-wide view. The renovated basement adds functional living space.
This property would suit first-time buyers or downsizers looking for a single-level layout in an established neighbourhood without a massive footprint to maintain. It’s also a sensible fit for a buyer who values outdoor space over interior square footage and may have long-term plans to enjoy or potentially enhance the property, leveraging its generous lot.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 5,114 sqft lot is a standout feature. It ranks in the top 25% within the broader Glenwood area and is in the elite top 4% compared to other properties directly on Stranmillis Avenue, where lots average closer to 4,000 sqft.
2. Is the living space smaller than typical homes?
At 843 sqft, the living area is slightly below the Glenwood average but is quite typical for homes on this specific street. It represents a more compact, efficient layout, which is complemented by the renovated basement for additional space.
3. What is the context for the assessed value?
The assessed value of $31,900 is very close to the average for both Stranmillis Avenue and the Glenwood neighbourhood, indicating it is not an outlier. City-wide comparisons are less relevant due to vast differences in property types and locations across Winnipeg.
4. When was it last sold, and for roughly how much?
The home was sold in January 2022. Public data indicates a sold price range between $33,500 and $36,500 at that time. The exact sale price can be provided upon request.
5. What are the implications of the 1947 build year?
Built in 1947, the home is older than the Winnipeg city-wide average. While it has a renovated basement, buyers should factor in the potential for updates to other original components, which is typical for homes of this vintage. Its age is very standard for the street and the Glenwood area.