Property Overview: 16 Egerton Road, Winnipeg
Section 1: Key Characteristics & Appeal
This 1982 bi-level home at 16 Egerton Road in Glenwood presents a specific and practical profile. Its key characteristic is a recently renovated basement, adding modern living space to a home with a modest 898 sqft main living area. The property sits on a smaller, manageable lot of 3,737 sqft and includes an attached garage.
The appeal lies in its balance of updates and location. The renovated basement is a significant functional upgrade, offering potential for a rec room, home office, or additional bedrooms. For the Glenwood neighbourhood, its assessed value ranks well above average, suggesting it is viewed favorably relative to other local properties. The 1982 build date is notably newer than many area homes, which can mean fewer concerns with aging core systems.
This home would best suit first-time buyers, downsizers, or pragmatic investors seeking a turn-key property with one major renovation already completed. It’s for those who prioritize a low-maintenance yard and a modernized interior over expansive square footage. A thoughtful perspective is that while the living space is compact, the renovation represents value already added, allowing a buyer to avoid immediate project costs and headaches.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the area?
The living area is below average for the city and its immediate street, but is around the average size for a home in the broader Glenwood neighbourhood. This indicates a more compact, efficient layout typical of many homes in this community.
2. Why is the assessed value higher than many area homes?
The assessed value of $400k ranks in the top 16% for Glenwood. This is likely influenced by the renovated basement and the home’s newer construction date relative to its neighbours, factors that positively impact its valuation.
3. What are the implications of the smaller lot size?
The lot is below average in size at every comparison level. This translates to less outdoor maintenance, which can be a benefit for those not wanting extensive yard work. However, it also means limited space for expansions, large gardens, or extensive outdoor recreation.
4. What is known about recent sale activity?
Public data indicates a sale occurred in June 2023. For exact historical sold prices, you must request the information directly from SaveOnHouse via email, as they manually provide this data.
5. What is the neighbourhood context of Glenwood?
Glenwood is an established Winnipeg neighbourhood. The home’s year built (1982) is well above average for the area, meaning the property is among the newer homes in a mature community, potentially offering newer infrastructure amidst settled streets.