Property Overview: 102 Stranmillis Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1946, presents a solid opportunity in Winnipeg's Glenwood neighbourhood. Its key appeal lies in a combination of above-average land size and a recently renovated basement. With a living area of 1,092 sqft, the home is comfortably sized for the area, but the standout feature is the 5,106 sqft lot, which is notably larger than most on its street and in Glenwood. This offers valuable outdoor space and potential. The detached garage adds practical storage or workshop space.
The home’s assessed value positions it above average for the immediate area, suggesting it is a well-regarded property within its peer group. The most recent sale in 2023 indicates active market interest. This property would suit first-time buyers or downsizers looking for a character home with a generous yard in a established neighbourhood. It’s also a sensible choice for a pragmatic buyer who values the finished basement space and the flexibility a larger lot provides over having the newest build on the block.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its value?
Built in 1946, it is older than the city-wide average. This typically means potential for character details but also warrants a careful inspection for updates to major systems like plumbing, electrical, and the roof, which can be a consideration in value and maintenance planning.
2. Is the lot size a significant advantage?
Yes. The lot is in the top 9% for size on Stranmillis Avenue and top 26% in Glenwood. This is a tangible asset, providing more privacy, gardening space, and future expansion potential than many neighbouring properties, which is a key differentiator.
3. What does the "above average" assessed value for the street indicate?
It suggests that the municipal assessment—which considers factors like lot size, improvements, and recent sales—views this property more favourably than many around it. This often, but not always, correlates with market value and can reflect the renovated basement and desirable lot.
4. Who might the neighbourhood, Glenwood, appeal to?
Glenwood is a mature, established neighbourhood. It typically appeals to those seeking a quiet, residential setting with a community feel, often convenient to local amenities and schools, without the premium price tag of some newer suburban areas.
5. Why is the exact past sold price not listed publicly?
To ensure accuracy and comply with data licensing, the precise sale price is provided directly upon request. The published range (e.g., $35.5k-$38.5k for 2023) offers a transparent benchmark while the exact figure is available via a simple email process to verified users.