427 St Charles Street

Property Overview & Key Characteristics

This is a modern, one-storey home built in 2020, offering the appeal of a nearly new build without the premium price often associated with brand-new construction. Its key characteristics include a spacious 1,439 sqft layout, a large 6,741 sqft lot, and an attached garage. The home has a basement, noted as unrenovated, presenting a blank canvas for future expansion or storage.

The primary appeal lies in its contemporary foundation combined with a substantial property size that ranks well above average for both the street and the wider city. It suits first-time buyers looking for a move-in-ready, low-maintenance home, or downsizers seeking single-level living in a well-established neighbourhood like Glendale. A less obvious advantage is the home's very recent construction, which likely means modern building codes, energy efficiency, and several years before major systems require replacement. The unrenovated basement, while a project, adds value for buyers who want to customize the space to their own taste and needs.

Frequently Asked Questions

1. What does the "rank" information mean?
The percentile rankings compare this property to others on the same street, in the Glendale neighbourhood, and across Winnipeg. For example, its lot size is in the top 56% on its street (larger than 56% of its neighbours), and its newer year of build ranks in the top 1-3% across all comparisons, highlighting its modern status.

2. Is the assessed value the same as the market value?
No. The municipal assessed value of $46.30k is for taxation purposes and is typically much lower than the current market value. The home last sold for $46.90k in 2021, but market conditions and prices have shifted since then. A professional market evaluation is needed to determine its current listing or sale price.

3. What are the implications of an unrenovated basement?
It means the basement is finished to a basic, functional level but lacks upgraded finishes. This is a positive for buyers wanting to avoid the cost and design choices of a previous owner, but it requires planning and budget to complete. It’s essential to check for proper permits, moisture protection, and insulation during a viewing.

4. How does this home compare to others in the area?
The data shows it is notably newer and on a larger lot than most homes in Glendale and across Winnipeg. The similar-sized homes suggested for viewing are generally 40-60 years older. This positions the property as a unique, modern offering in a mature neighbourhood.

5. What is the neighbourhood like?
Glendale is a established, family-friendly neighbourhood in Winnipeg. The property's high rankings for lot size and living area within the area suggest it is among the more spacious offerings, likely on quiet, tree-lined streets typical of the community, with good access to local amenities and schools.