Property Overview
150 Pilgrim Avenue is a well-maintained, one-storey home in Winnipeg's Glenwood neighbourhood. Built in 1954, it offers 1,041 sqft of living space and sits on a notably generous 5,100 sqft lot, which is larger than most in the immediate area. Key features include a renovated basement and a detached garage. Its assessed value positions it above average for Glenwood, suggesting a solid investment within the community.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of modest, manageable living space and a substantial, private yard—a combination that can be hard to find. The renovated basement adds functional living or storage space, a significant asset in a one-storey layout. Its appeal is grounded in practicality: it’s a home that sits comfortably above neighbourhood averages for lot size and value without being oversized or over-improved.
It would suit first-time buyers or downsizers looking for a single-level layout in an established area, where the large lot offers room for gardening, pets, or future expansion like a shed or deck. It also appeals to the value-conscious buyer who appreciates that the property metrics—from living area to assessed value—consistently meet or exceed local benchmarks, indicating a sound and competitive purchase within its peer group.
A less obvious perspective is the advantage of its "average" size and valuation. This positioning often means predictable property taxes and insurance costs, and it avoids the premium pricing of standout "showcase" homes, making it a prudent, low-hype choice for long-term living.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The 5,100 sqft lot is a standout feature, ranking in the top 7% on its street and the top 28% in the Glenwood area. It provides significantly more outdoor space than many comparable homes.
2. What is the significance of the "above average" assessed value for the neighbourhood?
An assessed value that ranks above the neighbourhood average (Top 24% in Glenwood) typically indicates that the property has been maintained or improved in line with, or better than, community standards. It can be a marker of stable or growing value relative to its immediate surroundings.
3. Is the living space suitable for a small family?
With just over 1,000 sqft on the main floor plus a renovated basement, the home offers functional space for a small family or couple. The single-storey layout is accessible, but the overall square footage is modest, so efficient use of space is key.
4. What does the sold price history tell us?
Public data shows a sale in late 2017 in the $29.5k-$32.5k range. It's important to request the exact sold price history via the provided service to understand precise market trends, as this gives context for how the current assessed value and asking price have evolved.
5. Are homes from this era (1954) a concern?
Homes built in the mid-1950s are common in Winnipeg's established neighbourhoods. While some systems may be due for updates, a property of this age that shows an above-average assessment and has a renovated basement suggests proactive maintenance. A thorough inspection is always recommended.