Property Overview: 90 Bank Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Glenwood presents a practical and comfortable living proposition. Its key characteristics include a renovated basement, an attached garage, and a notably above-average living space of 1,157 sqft for its immediate neighborhood. Built in 1986, it is a newer construction compared to many homes in the area, which often date to the 1950s. The lot is a generous, near-5,000 sqft, providing ample outdoor space.
The appeal lies in its strong positioning within the local context. The home consistently ranks above average for its street and the wider Glenwood area in critical metrics like living area, assessed value, and year built. This suggests a property that offers more modern comforts and space than many of its direct peers, while the renovated basement adds immediate functional value. It suits buyers looking for a move-in-ready, single-level home with room to grow, either in the finished basement or on the sizable lot. It’s an ideal fit for first-time buyers, small families, or downsizers seeking a manageable layout without sacrificing indoor and outdoor space, all within a mature neighborhood.
A less obvious perspective is its potential as a strategic buy within Glenwood. By acquiring a home that already outperforms area averages in key areas, you may be insulating yourself from some of the volatility or upgrade costs associated with older, smaller properties in the same locale.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in Glenwood?
The data shows it consistently ranks in the top 30% of the Glenwood area for living space, assessed value, and modern construction. This means it offers more interior room and is newer than most homes you’ll find in this specific neighborhood.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand if it’s a finished recreational space, contains additional bedrooms, or includes updated mechanical systems.
3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $35,300 is for municipal tax purposes. The last recorded sale was between $305,000 and $335,000 in late 2019. Market conditions have shifted since then, so the current selling price will be determined by today’s market, not these historical figures.
4. What are the benefits of a 1986 build in this area?
In a neighborhood where many homes are 70+ years old, a 1986 build likely means more modern wiring, plumbing, insulation standards, and overall layout. It may require fewer immediate updates than the area’s older stock.
5. How can I find out the exact past sale prices?
The exact sold prices are not published publicly. As noted on the detail page, you can request this information directly via email from the listing service, which provides it manually as a verified courtesy.