Property Overview: 11 Imperial Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Glenwood neighbourhood, built in 1934. Its key characteristic is its modest scale, with a living area of 644 sqft that places it below the average size for the street, area, and city. The home sits on a standard city lot of approximately 3,839 sqft. A notable feature is its renovated basement, adding functional space. There is no garage or pool.
The primary appeal lies in its affordability and efficiency, as reflected in its below-average assessed value. It represents a straightforward entry point into homeownership, particularly for first-time buyers or investors seeking a low-maintenance property. Its renovated basement offers potential for a rental suite, home office, or additional living space, which adds value beyond the main floor's square footage. This property would suit a practical buyer who prioritizes location and lot potential over move-in-ready size, or an investor looking for a manageable rental property in a stable neighbourhood.
A less obvious perspective is that its smaller size and older vintage could appeal to those seeking a lower environmental footprint or a simpler, more manageable living space without the upkeep of a larger, modern home.
Section 2: Frequently Asked Questions
1. What is the exact sold price history?
The public data shows a sale in September 2016 for an estimated range of $21.5k to $24.5k. For the precise sale price, you must request the information directly via email from the listing source, as this is provided manually.
2. How does the size of this home compare to others?
At 644 sqft, the living area is notably smaller than most. It ranks in the bottom 11% for size on its own street, the bottom 6% in Glenwood, and the bottom 2% city-wide when compared to similar properties.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the extent or nature of the renovations. This is a key detail to verify through a viewing or direct inquiry to understand the quality and layout of the added space.
4. Is the assessed value a reliable indicator of market price?
The assessed value for taxation purposes is $24,900, which is below average for comparable homes. Market price is determined by current conditions and buyer demand, so while the assessment suggests a lower value base, it does not guarantee the final sale price.
5. What are the implications of having no garage?
Buyers should consider on-street parking availability, the cost and feasibility of adding a parking pad or structure, and the practicalities of Winnipeg winters without sheltered parking for vehicles or storage.