Property Overview: 123 Stranmillis Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1947, presents a solid opportunity in Winnipeg's Glenwood neighbourhood. Its key appeal lies in its above-average lot size of over 5,000 sq ft for the immediate area, offering more outdoor space than many neighbouring properties. The home itself, at 1,184 sq ft of living area, is also notably spacious compared to other homes on Stranmillis Avenue and within Glenwood. It features a renovated basement and a detached garage.
The property suits buyers looking for a character home with room to grow, both inside and out, on a quiet street. It’s ideal for someone who values a larger yard for gardening, children, or pets, without necessarily moving to the city's outskirts. The assessed value is positioned around the neighbourhood average, suggesting it may not carry a significant premium for its larger lot and living space—a potential value point. This home would likely appeal to a practical buyer who sees the benefit in the land and the renovated basement, and who is comfortable with the maintenance considerations of an older, well-situated property.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is above average for both the street and the broader Glenwood neighbourhood, ranking in the top 25-27% for size among comparable local homes.
2. Is the lot size a significant feature?
Yes. The land area of 5,098 sq ft ranks in the top 23% on Stranmillis Avenue, meaning it is substantially larger than many direct neighbours’ lots, which average about 4,056 sq ft.
3. What is the context for the home’s age and assessed value?
Built in 1947, it is older than the average Winnipeg home but typical for its specific street. Its assessed value (~$30k) is very close to the local street and neighbourhood averages, indicating it is priced in line with the area, not priced higher solely for its larger lot and living space.
4. What can past sale data tell me?
Public records indicate a sale in October 2017 in the $24.5k to $27.5k range. For precise historical sold prices, you can request the exact figures via email from the listing source.
5. What are the less obvious points to consider?
The detached garage offers flexibility but may require separate maintenance. While the basement is renovated, the overall home systems (roof, plumbing, electrical) should be carefully inspected due to the home’s age. The property’s value appears to be firmly anchored in its generous lot and living space within a stable, established neighbourhood.