Property Overview: 182 Stranmillis Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Glenwood is defined by its balance of a modest living space and a generous lot. Built in 1947, the 750 sqft house sits on a 5,101 sqft parcel of land, which is notably larger than most lots on its street and in the neighborhood. The home features a renovated basement and a detached garage. Its assessed value is around average for the immediate area, suggesting it is priced in line with local expectations.
The primary appeal lies in its land size and location. The large lot offers significant potential for gardening, expansion, or future development, a rarity compared to neighboring properties. The renovated basement adds functional living space. This property would best suit a first-time buyer, a downsizer looking for a manageable single-level home with outdoor space, or an investor/renovator who sees value in the substantial lot and is prepared to update an older, compact main floor. A less obvious perspective is that this home represents a "land-value play" in an established neighborhood—the underlying property asset is strong, even if the house itself is smaller and older than the city average.
Section 2: Frequently Asked Questions
1. Is the house in need of major updates?
Given its 1947 construction, buyers should anticipate typical maintenance and potential updates for a home of this age. The renovated basement is a positive, but the main floor may require modernization.
2. How does the lot size compare practically?
At over 5,000 sqft, the lot is approximately 25% larger than the average lot on Stranmillis Avenue. This provides tangible extra outdoor space for privacy, recreation, or storage compared to direct neighbors.
3. What does the "below average" living area ranking mean for daily life?
The 750 sqft living area is compact. It necessitates efficient use of space and likely suits individuals, couples, or small families. The renovated basement is a key factor for adding functional room.
4. Why is the assessed value average locally but below average citywide?
This reflects Glenwood's specific market. Property values here are generally more moderate than the Winnipeg city-wide average, which is pulled higher by newer, larger homes in suburban areas. The assessment is consistent with the local neighborhood context.
5. What is the significance of the detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the main house's layout. It can also be a simpler structure to maintain or replace independently if needed.