Property Overview: 10 Fifth Avenue, Glenwood, Winnipeg
Key Characteristics & Appeal
This is a practical, mid-sized condo in Winnipeg's Glenwood neighbourhood. Built in 1986, the 954 sqft unit offers space that is above average for its immediate area. Its appeal lies in its grounded, no-fuss profile. The assessed value is modest and in line with city-wide averages, suggesting a manageable entry point into the market. The property includes a basement, though it is noted as not being renovated, presenting a canvas for personalization or simply extra storage.
This home would suit a first-time buyer or an investor looking for a straightforward, value-oriented property without the premium of a recent renovation. It’s for someone who prioritizes solid square footage in a settled neighbourhood over modern finishes. A thoughtful perspective is that its "around average" metrics across the city indicate a stable, predictable investment, less susceptible to the volatility of trending areas. Its appeal is in its simplicity and potential, rather than in being move-in perfect.
Frequently Asked Questions
1. What is the exact sold price history?
The public data shows a sale in June 2022 in the range of $22.5k to $25.5k. For the precise sale price, you can request the information via email from the listing service; they provide this detail manually without using your email for marketing.
2. How does this condo compare to others in Glenwood?
Its living space (954 sqft) ranks in the top 24% for the neighbourhood, meaning it is notably larger than many comparable Glenwood homes, which average around 671 sqft.
3. What is the condition of the basement?
The listing explicitly states the basement is "not renovated." Buyers should budget for potential updates or be comfortable with it in its current state, likely for storage or utility use.
4. Who are the typical neighbours?
The property is on a block with several similar condo units, as indicated by the direct neighbours at 6, 8, 12, and 16 Fifth Avenue. This suggests a consistent streetscape and potentially a quiet, residential atmosphere.
5. Is the assessed value a good indicator of the listing price?
The assessed value is $22.4k. It's important to note that assessed value for tax purposes often differs from market value. The 2022 sale price range provides a more recent market benchmark, but current conditions and the unrenovated basement will be key pricing factors.