Property Overview: 70 Imperial Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Glenwood is a compact, character property built in 1929. With 704 sqft of living space and a renovated basement, it sits on a 3,364 sqft lot. The data positions it as a below-average-sized home for its immediate street, neighbourhood, and the wider city, which is central to its identity.
Its primary appeal lies in being a more accessible entry point into the Winnipeg market. The assessed value of $260k is consistently below the average for comparable homes in each category (street, neighbourhood, city), suggesting a potentially lower price threshold. This isn't a sprawling modern home; its charm is in its simplicity and efficiency. The renovated basement adds functional living space, a key update for a home of this era.
This property would best suit first-time buyers, downsizers, or pragmatic investors seeking a manageable footprint without major renovation projects. It’s for someone who values location and practicality over sheer size, and who sees the below-average metrics not as drawbacks, but as an opportunity for a more affordable and low-maintenance ownership experience. A thoughtful perspective is that a smaller, well-placed home like this can offer greater financial flexibility and a simpler lifestyle compared to a larger, more expensive property.
Section 2: Frequently Asked Questions
1. Is the $22.50k - $25.50k sold price from 2020 accurate?
No, that figure is a placeholder range from public data. The actual sold price is different. You can request the exact historical sale price directly from the site via email.
2. How does the size of this home really compare?
The living area (704 sqft) is smaller than most. On its own street (Imperial Ave), it ranks in the bottom 25% for size. In the broader Glenwood neighbourhood and city-wide, it's in the bottom 15-20% for living area. This confirms it's a compact home.
3. What does the "below average" assessed value mean?
The home's $260k assessment is lower than the typical assessed value for similar properties on its street, in Glenwood, and across Winnipeg. This often correlates with a lower market price, but it's not a direct appraisal of market value.
4. What are the implications of the 1929 build year?
Built 97 years ago, it is older than about 75% of homes on its street. Prospective buyers should prioritize a thorough inspection to understand the condition of original elements (like wiring and plumbing) despite the basement renovation.
5. How does the land size affect potential?
The 3,364 sqft lot is also below average for the area. This means less outdoor maintenance, but also limits potential for large additions or extensive landscaping. The focus here is on the existing home and its efficient use of space.