Property Overview: 116 Fifth Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home at 116 Fifth Avenue stands out for its modern foundation in a well-established Glenwood neighbourhood. Built in 2024, it is a notably new construction in an area dominated by homes from the mid-20th century, offering immediate move-in readiness with the benefits of contemporary building standards. Its key appeal lies in a combination of above-average space and value. With 1,464 sqft of living area, it provides significantly more room than most comparable homes in both Glenwood and on its own street. This is complemented by a recently renovated basement, adding functional space.
The property’s assessed value ranks in the elite tier for the neighbourhood, suggesting a premium finish or desirable features that set it apart. However, the land size is more modest compared to city and area averages, indicating a efficient use of space rather than expansive outdoor grounds. The home has no garage or pool.
This property would ideally suit buyers seeking a modern, low-maintenance home without the wait or uncertainty of a new build, and who value interior space and contemporary updates over a large yard. It’s a strong fit for professionals, small families, or downsizers looking for a newer, spacious home in a mature community with the convenience of recent renovations already complete.
Section 2: Frequently Asked Questions
1. How does the property’s value compare?
The home’s assessed value is in the top 5% for the Glenwood neighbourhood and top 7% for its street, indicating it is considered a high-value property relative to its local peers, likely due to its new construction and size.
2. What does the "Elite" ranking for the year built mean?
With a 2024 build date, this home is newer than 99% of homes in Glenwood and citywide. This "Elite" ranking highlights its rarity as a new construction in an older area, suggesting advantages in building codes, materials, and systems.
3. Is the lot size a drawback?
The land area is smaller than many area averages. This may mean less yard maintenance but also limited potential for expansions like a large addition or garage. It reflects a modern, efficient footprint.
4. The sold price history shows a range. What does that indicate?
The listed sold price range from late 2024 is based on public data. To obtain the exact sale price, you must request it directly from SaveOnHouse via email. This is a manual process they use to verify serious inquiries.
5. What is the immediate neighbourhood like?
The listing shows several other homes on the same block of Fifth Avenue, suggesting a typical, close-knit residential street. The Glenwood neighbourhood itself features a wide mix of home ages, with this property being a clear outlier in terms of newness.