Property Summary: 167 Stranmillis Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home in Glenwood presents a unique value proposition centered on its land and location. At 661 sq ft, the living space is notably compact, ranking well below average for the street, neighborhood, and city. This is balanced by a generous 5,098 sq ft lot, which is larger than most on the street. The home itself is older, built in 1949, but features a renovated basement. With a detached garage and an assessed value that is very typical for the immediate area, the property’s appeal lies in its potential rather than its current footprint.
It is ideally suited for a specific type of buyer: those looking for an entry point into the neighborhood who are comfortable with a smaller, efficient living space, or a strategic investor or builder who values the lot size for future expansion or redevelopment. The appeal is less about the house as it stands and more about the possibilities afforded by a larger-than-average lot in an established area. It’s a practical choice for minimalists, or a long-term project for those seeing value in the land itself.
Frequently Asked Questions
1. Is the sold price history accurate?
The sold price ranges shown are based on available public data. For the precise, verified sale price, you can request it via email from the listing service. They provide this detail manually and do not use the request for marketing spam.
2. Why is the living area so much smaller than nearby homes?
The data confirms this home’s living area is significantly smaller than most comparable properties on the street and in Glenwood. This is a key characteristic of this listing and reflects its compact layout.
3. What does the "rank" and "top X%" information mean?
These metrics show how this property compares to others in three categories: its immediate street, the broader Glenwood area, and city-wide. For example, its lot size is in the "Top 23%" on its street, meaning it’s larger than 77% of its direct neighbors.
4. Does the low assessed value mean the taxes are very low?
The assessed value is around the average for Stranmillis Avenue and Glenwood. While generally correlated with property taxes, the final tax bill depends on the city’s mill rate. It suggests taxes should be typical for this specific neighborhood.
5. What is included with the home?
The listing confirms a renovated basement and a detached garage. For a complete list of inclusions, features, and the exact condition of the renovation, further details from the seller or a viewing would be necessary.