Property Overview: 57 Imperial Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-positioned, renovated one-storey home in Glenwood, built in 1945. With 972 sqft of living space and a detached garage, it sits on a standard city lot of just over 4,500 sqft. The home’s key appeal lies in its balance and established location. It’s not an outlier in any single metric for its immediate area, but consistently performs around or above the neighbourhood average for size, value, and lot dimensions. This suggests a property that is comfortably in line with its community, offering stability rather than a dramatic premium or discount.
The renovated basement adds functional living space, a significant asset in a home of this era. Its appeal is practical and grounded: it suits first-time buyers looking for a move-in-ready home in a mature neighbourhood, or downsizers seeking a manageable single-level layout without sacrificing a private garage or yard space. A thoughtful perspective is that its "average" standings locally, coupled with a below-average citywide size and value, could represent a sensible entry point into a stable area without the price volatility of trendier, more expensive districts.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The assessed value of $290,000 is very close to the average for both Imperial Avenue and the wider Glenwood neighbourhood, placing it in the middle of the local market.
2. What is the significance of the home’s rankings?
The rankings show how this property compares to others. For example, its living area is larger than 46% of homes on its street but smaller than 77% of homes citywide, highlighting its typical size for Glenwood.
3. Has the property value increased?
Based on available sold price ranges, the home likely appreciated between its late 2019 sale (approx. $23.5k-$26.5k) and its late 2023 sale (approx. $31.5k-$34.5k). For exact historical sold prices, you can request the information via email from the listing source.
4. What are the implications of a 1945 build date?
While older than many city homes, it is actually newer than the average on its own street. This vintage suggests classic construction but underscores the importance of the noted basement renovation and a thorough inspection for updates to major systems.
5. Who are the closest comparable properties?
The listing references nearby homes on Imperial Avenue and Stranmillis Avenue for location-based comparison, and lists several Winnipeg properties with the same $290k assessed value for financial context, though they may be in different neighbourhoods.