Property Overview: 18 Fifth Avenue, Glenwood, Winnipeg
Key Characteristics & Appeal
This is a modern, two-storey home built in 2019, offering a move-in-ready opportunity in Winnipeg's Glenwood neighbourhood. Its primary appeal lies in its contemporary construction, which stands out in an area of mostly older homes. With 1,348 sqft of living space, it provides above-average roominess for both the immediate street and the wider neighbourhood. The home features a renovated basement and a detached garage.
The property is particularly suited to buyers seeking a newer build without venturing into a brand-new subdivision, valuing low-maintenance living and modern systems. It’s a pragmatic choice for those who prioritize interior space and modern amenities over a large yard, as the lot size is more compact compared to area averages. The strong assessed value ranking suggests it is viewed as a solid, above-average asset within its local market context.
Frequently Asked Questions
1. How does the home’s age compare to others nearby?
It is significantly newer than most. Built in 2019, it ranks in the top 6% on its street and the top 8% in Glenwood, where the average comparison home was built in the late 1940s to early 1950s.
2. Is the living space larger or smaller than typical homes?
It offers more living space than most comparable homes in Glenwood, ranking in the top 16% for the neighbourhood. The interior square footage is a key advantage over many older properties in the area.
3. What should I know about the lot size?
The land area is more compact. At just over 3,000 sqft, it is below the neighbourhood and city-wide averages for comparable homes. This means lower outdoor maintenance but less private yard space.
4. What does the assessed value ranking indicate?
With an assessed value ranking in the top 11% for Glenwood, this property is consistently assessed higher than most of its peers, reflecting its newer construction and relative size within the local market.
5. Has the property’s value increased?
Based on available sold price ranges, the property sold for significantly more in late 2024 than it did in mid-2020, indicating substantial appreciation over that period. Exact sold prices are available upon request from the listing source.