131 Stranmillis Avenue

Property Summary: 131 Stranmillis Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1949, situated on a standard-sized lot in the Glenwood neighbourhood. Its key characteristic is its modest scale, with a living area of 728 sqft that is notably smaller than most comparable homes in the area and citywide. However, it presents a balanced value proposition. The home’s assessed value is around the average for its immediate street and neighbourhood, suggesting it is priced in line with local expectations. A renovated basement adds functional living space.

The appeal lies in its potential as an efficient, lower-maintenance entry point into the Winnipeg market. It would suit first-time buyers, downsizers, or investors seeking a straightforward property without the premium for larger square footage. A thoughtful perspective is that its older construction date (1949) ranks above average for the street, meaning it’s actually one of the more established homes on the block, which can sometimes appeal to those valuing classic neighbourhood character over newer builds. The detached garage is a practical asset in this configuration.

Section 2: Frequently Asked Questions

1. How does the home's size compare to others?
At 728 sqft, the living area is below the average for similar homes on Stranmillis Avenue (~993 sqft) and in the wider Glenwood area (~1,015 sqft). This indicates a more compact layout.

2. Is the assessed value typical for the area?
Yes. The assessed value is around the average for both the street and the Glenwood neighbourhood, positioning it as a mid-range property locally in terms of municipal valuation.

3. What is the significance of the "renovated basement"?
While specific details aren’t provided, a renovated basement typically adds usable living space (such as a family room, office, or additional bedroom) to the home’s overall footprint, which is a key feature given the modest main-floor area.

4. How old is this home compared to its neighbours?
Built in 1949, it is older than the average home on Stranmillis Avenue (where the average comparable was built around 1957). This makes it one of the older homes on the block.

5. Where can I find the exact historical sold price?
The listed sold price range is based on public data. The exact sold price can be requested by email from the source; they provide this detail manually and state they do not use email addresses for unsolicited marketing.