Property Overview: 482 St Charles Street, Winnipeg
Key Characteristics & Appeal
This 4-level split home in Glendale offers a practical and spacious layout with 1,600 sqft of living area, which is notably larger than most comparable homes in its immediate neighborhood and across Winnipeg. Built in 1974, it is a relatively newer property for the area. A key feature is its renovated basement, adding modernized living space, and it includes a detached garage. The lot size is somewhat more compact than others on the street, which can mean less yard maintenance.
Its primary appeal lies in offering above-average interior space and updates in a well-established neighborhood. The home’s assessed value positions it as a solid, mid-range property city-wide, suggesting a good balance of features for the price. It would suit buyers looking for a move-in-ready home with ample room, who prioritize interior space over a large yard, and who appreciate the character and stability of a mature community like Glendale. A thoughtful perspective is that while the lot is smaller, it can represent efficiency and lower upkeep, allowing more time to enjoy the home's renovated interior spaces.
Frequently Asked Questions
1. How does the living space truly compare to other homes?
At 1,600 sqft, this home is in the top 10% for size on its street and top 6% in Glendale, meaning it offers significantly more interior space than most direct neighbors, a major advantage for growing families or those who need flexible rooms.
2. What does the assessed value tell me about the property?
With an assessed value ranking around the city-wide average but above average for the local area, it indicates a property that is well-aligned with its neighborhood while potentially offering more house for the money compared to nearby homes.
3. The lot seems smaller than others on the street. Is that a concern?
The land area is below the street and neighborhood average. This translates to a smaller yard, which could be a drawback for those wanting extensive outdoor space but a benefit for buyers seeking lower maintenance.
4. Is a home built in 1974 considered old for this area?
No. In fact, it ranks as newer than most on its street. Many homes in Glendale and on St. Charles Street were built in the early 1960s, so this property is relatively modern in its context.
5. What is the significance of the renovated basement?
A renovated basement immediately adds functional, finished living space without the need for a major project. This is a key value-add, providing room for recreation, guests, or a home office from day one.