Property Overview: 18 Blenheim Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Blenheim Avenue in Glenwood is a compact, no-frills property built in 1921. With 712 sqft of living space, an unrenovated basement, and a detached garage, it sits on a 3,698 sqft lot. The data consistently shows it ranks below average in size, assessed value, and lot size compared to its street, neighbourhood, and the wider city. Its most recent recorded sale was in March 2018.
The primary appeal lies in its position as an accessible entry point into the Winnipeg market. The very low assessed value suggests a correspondingly low purchase price, making it a candidate for budget-conscious buyers, investors looking for a rental property, or someone seeking a minimal footprint. Its value is fundamentally in the land and location, not the existing structure. This property would suit a handy buyer comfortable with a home that requires updates, an investor calculating potential rental yield against a low acquisition cost, or someone looking to own with the goal of eventual land redevelopment, given the lot size is still functional for a future rebuild.
A less obvious perspective is that a home consistently ranking "below average" across metrics can represent a strategic opportunity in a stable neighbourhood. It offers insulation from the premium prices of updated homes while providing the same community benefits. For the right buyer, it’s a blank canvas with minimal financial risk to start.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's specific characteristics: its smaller size, age, and condition relative to the broader market. It is assessed based on its current state, not potential.
2. What does "below average" in these rankings practically mean for a buyer?
It means you are considering a property that is more modest than most in its peer group. This typically translates to a lower price point, but also indicates the home may require more maintenance or updating compared to higher-ranked properties.
3. Is the unrenovated basement a major concern?
It depends on your plans and budget. An unrenovated basement presents both a cost and an opportunity. It will need investment to become finished living space, but it also allows you to customize it to your needs without first undoing someone else's work.
4. Who would this property not be suitable for?
It would likely not suit a buyer seeking a move-in-ready home, those needing significant space for a growing family, or anyone unwilling to take on projects. The compact living area requires efficient use of space.
5. How can I find out the exact historical sale prices?
As noted in the data, exact sold prices are provided manually by the listing service. You can submit your email request directly on this page to receive that precise history, as the figures shown are estimated ranges.