Property Overview
This one-storey home at 20 Avondale Road in Winnipeg's Glenwood neighborhood is a study in contrasts. Its primary appeal lies in the generous 5,332 sqft lot, which ranks in the top 2% on its street and the top 16% in Glenwood, offering significant outdoor space and potential in a city where lot sizes are often smaller. The home itself is modest at 864 sqft with a renovated basement, and it is one of the older homes on the street, built in 1951. The assessed value is consistent with the local Glenwood area average.
The property suits a specific buyer: someone who prioritizes land over living space. It's ideal for a first-time buyer or downsizer comfortable with a cozy, efficient layout, or for a long-term investor who sees value in the substantial lot for future expansion or redevelopment. Its appeal is practical rather than luxurious, offering a foothold in a mature neighborhood with the rare benefit of ample yard space.
Frequently Asked Questions
1. Is the lot size a true advantage?
Yes, especially in this immediate area. The lot is significantly larger than those of neighboring homes on Avondale Road and in Glenwood overall. This provides more privacy, room for gardening, play, or adding a deck, and is a key asset for future value.
2. How does the home's age affect it?
Built in 1951, it's among the oldest on the street. Buyers should budget for maintenance typical of a 75-year-old home and consider a thorough inspection for foundational, electrical, and plumbing systems. However, older homes in mature neighborhoods often have solid construction and established landscaping.
3. The assessed value seems low. Why?
The assessed value of approximately $30k reflects a municipal assessment for tax purposes, not market value. Market value is determined by recent sales of comparable properties, location, and condition. The last recorded sale was between $29.5k and $32.5k in September 2021.
4. Who might this property not suit?
It may not suit buyers seeking modern, open-concept layouts or substantial above-ground square footage without undertaking renovations. The lack of a garage and the smaller living area require a lifestyle adapted to efficient use of space.
5. How can I find out the exact past sale prices?
The provided sale history shows estimated ranges. To obtain the precise sale price from public records, you can use the email request service offered on the listing page, which provides the exact figures without subscription obligations.