282 Egerton Road

Property Overview: 282 Egerton Road, Winnipeg

Section 1: Key Characteristics & Appeal

This single-storey home in Glenwood presents a practical and solid opportunity. Built in 1954, it features 1,230 sqft of living space and sits on a notably generous lot of over 6,400 sqft, which is well above average for the neighbourhood. A key updated feature is its renovated basement, adding functional living space, and it includes a detached garage. The home’s assessed value and living area are consistently around the average mark for its immediate street and the wider city, suggesting it is a typical, no-surprises property for its type.

Its primary appeal lies in its space and positioning. The large lot is a significant asset in a mature neighbourhood, offering room for gardening, play, or future expansion. The renovated basement adds immediate utility without the need for a major project. This property would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established area, as well as value-conscious buyers who see potential in the land size relative to the home’s footprint. A less obvious perspective is that its "average" metrics across several categories could signal stability and a lower risk of overpaying compared to more outlier properties in the current market.

Section 2: Frequently Asked Questions

1. How does the lot size compare to others?
The land area of 6,437 sqft is a standout feature. It ranks in the top 6% within Glenwood, meaning the lot is significantly larger than most in the neighbourhood.

2. What is the condition of the major systems, given the home's age?
As a home built in 1954, prospective buyers should prioritize inspections for age-related components like the roof, plumbing, electrical wiring, and the foundation, even with a renovated basement.

3. What is the exact prior sale price?
The public data shows a sale in July 2016 for an estimated range. The listing service offers to provide the exact sold price history via email upon request.

4. Is the detached garage insulated or heated?
This detail is not provided in the available data and would be an important question for the listing agent or during a viewing, especially given Winnipeg's climate.

5. How does the assessed value relate to the expected listing or sale price?
The assessed value is for municipal tax purposes ($38.50k). It is not a market valuation. The sale price will be determined by current market conditions, and recent comparable sales should be reviewed.