Property Overview: 49 Stranmillis Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home in Glenwood is defined by its modern age and efficient use of space. Built in 2019, it is a notably newer construction compared to most homes on its street and across Winnipeg, offering contemporary building standards without the need for immediate updates. With 1,380 sqft of living space, it provides above-average roominess for the local area, though it sits on a smaller, more manageable lot.
The primary appeal lies in its move-in-ready condition and modern foundation within an established neighbourhood. It suits buyers seeking a low-maintenance home without the quirks or renovation projects common in older houses. It’s particularly well-matched for first-time homeowners or downsizers who prioritize a newer build, efficient living space, and predictable upkeep over a large yard. A thoughtful perspective is that the smaller lot, while not offering expansive outdoor space, translates to less yard work and lower exterior maintenance costs, aligning with a simpler, more urban lifestyle.
Frequently Asked Questions
1. What are the property taxes?
Based on its assessed value of $39,200, the annual property taxes would be calculated by applying the City of Winnipeg’s current tax rate to this value. You can estimate this by multiplying the assessed value by the annual mill rate.
2. Is the basement finished?
No, the basement is present but is noted as not being renovated. It provides raw space for storage or future development.
3. How does this home compare in size to others nearby?
This home is larger than average for both Stranmillis Avenue and the wider Glenwood neighbourhood, ranking in the top 15-20% for living area among comparable local properties.
4. Why is the assessed value significantly different from the last sold price?
The home sold in April 2020 for an amount reported between $31.5k and $34.5k. Its current assessed value of $39.2k reflects the municipal assessment for taxation purposes, which can differ from market value and may have been updated since the last sale.
5. What does the smaller land area mean for me?
The lot is under 2,550 sqft, which is smaller than most in the area. This means less private outdoor space for gardening or recreation, but also reduced maintenance. It’s important to consider if the layout and any outdoor areas meet your needs.