Property Overview
This three-storey home at 2 Egerton Road in Winnipeg's Glenwood neighbourhood stands out for its modern construction and generous living space relative to its surroundings. Built in 2013, it is a notably newer property in an area dominated by homes built in the mid-20th century. With over 2,050 square feet of living area, it offers significantly more interior space than most comparable homes in Glenwood, the immediate street, and even city-wide benchmarks. This is complemented by an elite-tier assessed value, placing it in the top 5% of its street and top 1% of the neighbourhood, indicating its premium positioning.
The appeal lies in acquiring a modern, spacious home without the wait of new construction, in an established area. It suits buyers looking for a move-in-ready property with a contemporary layout across three floors, and who value space over a large yard, as the lot size is more compact compared to others on the street. A thoughtful perspective is that this property represents a shift in the area's character—it's a modern infill that offers a different lifestyle (low-maintenance exterior, modern floor plan) compared to the traditional bungalows on larger lots that surround it. It would particularly suit professionals, small families, or downsizers who prioritize interior volume and modern amenities over extensive outdoor space.
Frequently Asked Questions
What does the "elite" or "top %" ranking mean for the assessed value?
This indicates the property's municipal assessed value is among the highest when compared to similar homes on its street, in Glenwood, and across Winnipeg. It reflects the premium valuation placed on this home due to its size, newer age, and likely finishes.
Is the lot size a disadvantage?
While the land area is smaller than the average lot on Egerton Road, it is close to the average for Glenwood and the city. This means less yard maintenance but also less private outdoor space. Its appeal depends on the buyer's preference for interior space versus a large garden.
How does the sold price history help?
The past sold prices (in 2021 and 2024) show the home has transacted in an elite price range for the area. This trend provides a concrete benchmark for its market value and demonstrates consistent high-end demand for this specific property.
Who might this property not suit?
It may not be ideal for buyers seeking a classic, sprawling lot typical of the neighbourhood, those who prefer single-level living (as it's three storeys), or anyone looking for a basement for additional storage or recreational space.
Why is the year built a key feature here?
In a neighbourhood where most homes were built in the 1950s, a 2013 build date is a major differentiator. It suggests newer construction standards, modern insulation and wiring, and potentially lower immediate costs for major system repairs compared to much older homes.