Property Overview
47 Imperial Avenue is a compact, one-storey home in Winnipeg's Glenwood neighborhood. Built in 1922, its key characteristic is its modest scale, with a living area of 588 sqft situated on a 2,757 sqft lot. The home has a basement that is noted as not being renovated, and it does not feature a garage or pool. Its assessed value is $200k.
Section 1: Key Characteristics & Appeal
The primary appeal of this property lies in its affordability and simplicity within the Winnipeg market. It represents a very accessible price point for a standalone house. Its small size and minimal footprint translate to lower utility costs and less maintenance, which can be a significant long-term benefit. The home would suit a first-time buyer seeking an entry into homeownership without a large mortgage, an investor looking for a rental property with a lower initial outlay, or someone seeking a minimalist, efficient living space. A less obvious perspective is its potential as a "blank slate." While the basement is unrenovated, the entire property presents an opportunity for a buyer to incrementally customize and add value according to their own needs and budget, without the premium of a recently updated home. Its age and location in an established neighborhood like Glenwood also offer a sense of character and community often absent in newer developments.
Section 2: Frequently Asked Questions
1. Why is the assessed value ($200k) so different from the recent sold prices shown (e.g., ~$18.5k-$21.5k in 2023)?
The sold price history appears to reflect very low values, which is atypical. It is crucial to request the exact sold price history via the provided email service to verify these figures, as they may be based on incomplete data or represent unusual circumstances.
2. What does the "below average" ranking for living area mean for daily life?
The home's living area is significantly smaller than most comparable homes in the area, city, and even on its own street. This means efficient use of space is essential. It is well-suited for a single occupant, a couple, or someone who views the home primarily as a functional base rather than a place for extensive entertaining or family life.
3. Is the unrenovated basement a major drawback?
It depends on your goals. The basement presents additional space that is usable but will require investment to modernize. For a buyer comfortable with DIY projects or phased renovations, it represents potential. For someone seeking a completely move-in-ready home, it is a consideration that may require budgeting for future work.
4. Who might this property NOT be suitable for?
It would likely not suit a growing family needing multiple bedrooms and living spaces, anyone requiring ample storage or garage parking, or a buyer who wants a modern, turn-key property without any renovation projects.
5. How significant is the lack of a garage in Winnipeg?
This is an important practical consideration given Winnipeg's climate. Without a garage, vehicle maintenance in winter (scraping ice, dealing with snow) falls entirely on the owner. It also reduces covered storage space. Buyers should factor in the cost and feasibility of adding a shed or carport if needed.