Property Overview: 87 Imperial Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Glenwood presents a practical opportunity in a mature neighbourhood. Built in 1937, its 892 sqft living area is modest but typical for the immediate area. A key standout is the lot size of over 5,000 sqft, which is notably larger than many neighbouring properties, offering valuable outdoor space and potential. The home features a renovated basement and a detached garage.
Its appeal lies in its position as a grounded, no-frills property. It suits first-time buyers or practical investors looking for an entry point into the Winnipeg market without the premium of a larger or fully modernized home. The above-average lot provides a less obvious advantage: room for future expansion, gardening, or simply more privacy than is common on the street. It’s a home for those who value the potential of the land as much as, or more than, the current structure.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to likely selling price?
The assessed value is a municipal figure for tax purposes. Recent sold price data for the area suggests market value can differ. For the exact historical sold price of this property, you can request it via email from our site.
2. Is the living space too small?
At 892 sqft, it is below the Winnipeg city average. However, it is very close to the average for both Imperial Avenue and the wider Glenwood neighbourhood, indicating this is a standard home size for this specific community.
3. What does the larger lot size mean for me?
The lot is over 5,000 sqft, ranking in the top 19% on its own street. This means more yard space than most nearby homes and could allow for additions like a larger deck, shed, or even a future extension, subject to zoning bylaws.
4. What should I know about a home built in 1937?
While the basement has been renovated, the core structure is nearly 90 years old. Prospective buyers should budget for potential updates to older mechanical systems (like plumbing or wiring) and ensure a thorough inspection is completed.
5. How does this property compare to others nearby?
The data shows this home is very typical for Imperial Avenue and Glenwood in terms of living space, age, and value. Its primary differentiator is its larger parcel of land compared to direct neighbours.