Property Overview & Appeal
This one-and-a-half storey home at 111 Blenheim Avenue in Winnipeg's Glenwood neighbourhood presents a practical opportunity with notable context. Its key appeal lies in its strong positioning within its immediate area. With 900 sqft of living space, it is notably above average for Blenheim Avenue itself (top 30%), offering more room than many direct neighbours. The renovated basement adds functional space. Its assessed value is also above the street average (top 19%), suggesting it is a higher-calibre property on its own block. The lot size of over 5,000 sqft is generous for Glenwood, ranking well above the neighbourhood average.
The home suits a specific buyer: someone seeking a established character home (built 1949) in a mature neighbourhood, who values a larger lot and a property that stands out positively on its street. It’s ideal for buyers who prioritize relative value within a specific locale over having a newer or city-wide average-sized home. A thoughtful perspective is that this property may offer a "big fish in a small pond" dynamic—its metrics are more impressive on its street and in Glenwood than when viewed city-wide, which can translate to a strong sense of value and appeal within the community.
Frequently Asked Questions
How does the living area compare to nearby homes?
At 900 sqft, the living area is above the average for homes on Blenheim Avenue itself. However, it is slightly below the average for the broader Glenwood neighbourhood and more notably below the Winnipeg city-wide average for houses.
What does the assessed value ranking indicate?
The assessed value is in the top 19% on its own street and around the neighbourhood average. This generally suggests the property is viewed as a higher-value home on its block, which can be positive for equity, but property taxes will be based on this valuation.
Is the lot size a significant feature?
Yes. The 5,130 sqft lot ranks above average for the Glenwood neighbourhood (top 21%), which is a standout feature. It offers more outdoor space than many comparable area properties, providing room for gardening, play, or expansion.
What should I consider about the year built (1949)?
The home is older than the Winnipeg average. This typically means potential for classic charm and a mature streetscape, but it warrants a thorough inspection to understand the condition of aging components like plumbing, electrical, and the roof, even with a renovated basement.
How useful are the provided rankings?
The rankings are most meaningful when comparing the property to its closest peers. They clearly show this home offers more space and a higher assessed value than most on its street, and a larger-than-average lot for Glenwood. This is valuable for understanding its local market position.