Property Overview: 120 Imperial Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2024, stands out as a thoroughly modern property in a mature neighbourhood. Its key characteristic is its new construction, placing it in the top 1% of homes city-wide for year built. With 1,556 sqft of living space, it offers significantly more room than most comparable homes in both Glenwood and on Imperial Avenue itself, ranking in the top 5-6% locally. The home also features a renovated basement.
Its appeal lies in the opportunity to enjoy a modern, low-maintenance home with contemporary layouts and systems, without sacrificing the established character and convenience of the Glenwood area. The high assessed value, which ranks in the top 2-3% of the immediate area, reflects this premium for newness and size.
This property would ideally suit buyers who prioritize modern amenities and space but want to live in a settled community. It’s a strong fit for professionals or small families looking to avoid the immediate renovations often required with an older home. A less obvious perspective is that while the lot is smaller than area averages, this can translate to less yard upkeep, aligning perfectly with a desire for modern convenience. The home represents a move-in-ready option in a neighbourhood where many properties are decades older.
Section 2: Frequently Asked Questions
1. What does the high assessed value relative to the area indicate?
It primarily reflects the premium for a newly built home (2024) with above-average square footage for the locale. It suggests the municipal assessment views the property as a high-value asset within its specific context, not necessarily that it is overpriced compared to similar new builds.
2. Is the smaller lot size a significant drawback?
This depends on lifestyle. The lot is below the area average, which may limit extensive landscaping or large outdoor additions. However, it requires less maintenance and may contribute to a more efficient, compact property footprint, which some buyers prefer.
3. What is the neighbourhood (Glenwood) like?
Glenwood is an established, central Winnipeg neighbourhood. The presence of many older homes (area averages built in the 1950s) means tree-lined streets and a mature community feel. This property offers a unique contrast as one of the newest homes in the area.
4. There is no garage listed. Is there parking?
The listing specifies no garage. Prospective buyers should inquire about driveway space or on-street parking permits to confirm available parking arrangements.
5. The sold price history shows a sale in 2017 for a much lower amount. Is this the same property?
No. The 2017 sale price referenced is for historical context on the land prior to the construction of the new home in 2024. The current offering is for the newly built house, which explains the substantial difference in value.