Property Overview: 524 Glenway Avenue, Winnipeg
Key Characteristics & Appeal
This home at 524 Glenway Avenue in River East presents a compelling blend of modern convenience and established neighborhood character. Its primary appeal lies in its relative newness. Built in 2015, it is a significantly newer construction than most homes in the area, ranking in the top 1% for year built within the neighborhood. This suggests updated building standards, modern systems, and less immediate need for major renovations.
The living space (1,491 sq ft) and assessed value ($434k) are both solidly above average for Glenway Avenue itself, indicating a well-sized and well-regarded property on its own street. While the lot size is typical for the immediate area, it ranks above average city-wide, offering good outdoor space by Winnipeg standards.
This property would ideally suit buyers seeking a move-in ready home in a mature neighborhood without the quirks and maintenance concerns of an older house. It’s a strong fit for professionals or families who value modern interiors and efficiency but want the rooted feel of an established community like River East. A thoughtful perspective is that this home offers a "best of both worlds" scenario: the low-maintenance benefits of a newer build within the stable, tree-lined context of an older, sought-after neighborhood.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value of $434k is above the average for both Glenway Avenue ($402.1k) and the wider River East neighborhood ($401.1k). This premium is likely attributed to its much newer construction date.
2. Is the living space larger or smaller than nearby homes?
At 1,491 sq ft, the living area is larger than the average home on Glenway Avenue (1,322 sq ft) and slightly above the Winnipeg city average. It is a comfortably sized home for its street and area.
3. What does the "Elite" ranking for year built mean?
This means the 2015 build date is newer than 99% of comparable homes in the River East neighborhood, where the typical home was built around 1976. It is a standout feature for this property.
4. Can I see the exact historical sale price?
The site shows a sold price range (CA$400k–450k) from October 2017. To obtain the exact, verified sale figure, you must request a manual lookup via email, as this platform does not display MLS sales records.
5. How does the lot size compare?
The 6,101 sq ft lot is close to the average for the street and neighborhood. However, it is actually above the city-wide average for Winnipeg, meaning you get more land than in many newer subdivisions.