Property Overview: 319 Regal Avenue, Glenwood, Winnipeg
Key Characteristics & Appeal
This 792 sqft one-storey home, built in 1951, presents a practical opportunity in Winnipeg's Glenwood neighborhood. Its primary appeal lies in a desirable balance: the living space is compact and efficient, while the property sits on a notably generous 5,797 sqft lot—significantly larger than most in the immediate area. This creates a valuable contrast between a modest, manageable house and a substantial, versatile yard.
The home features a renovated basement, adding functional living space, and includes a detached garage. Its assessed value is positioned above average for Glenwood, suggesting it is well-regarded within its local market context.
This property would suit first-time buyers or downsizers looking for a low-maintenance footprint without sacrificing outdoor space. It’s also a sensible fit for a value-oriented buyer who sees potential in the sizable lot, whether for gardening, expansion, or simply enjoying more private outdoor room than is typical for the area. The appeal is grounded in practicality and the less obvious advantage of land size over sheer interior square footage.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 792 sqft, the living area is below the city-wide average but is fairly typical for the Glenwood neighborhood. The trade-off is a lot size that ranks in the top 11% for the area, offering more land than most comparable properties.
2. What is the property's recent sales history?
Public records indicate a sale in July 2021 for an estimated range of $35.5k to $38.5k. The exact sale price can be provided upon request.
3. Is the basement finished?
Yes, the basement has been renovated, adding to the home's functional living space.
4. What does the "above average" assessed value for Glenwood mean?
It means the home’s assessed value ranks in the top 27% for the Glenwood area, indicating it is assessed higher than many of its local peers. This can reflect the renovated condition, lot size, or other property attributes.
5. What type of garage does the property have?
It includes a detached garage.