Property Overview: 218 Glenway Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated River East home presents a practical and modern living space within a mature neighborhood. Its key appeal lies in offering above-average interior space and a newer build year compared to most local and city-wide counterparts. With 1,524 sqft of living area, it ranks in the top 17% on its own street and top 30% in the neighborhood, providing more room than many similar homes. Built in 1992, it is notably newer than most in River East (top 3%), suggesting potentially fewer major upkeep concerns and more contemporary layouts.
The property suits buyers seeking a move-in-ready home that balances space and modernity without a premium price tag, as its assessed value aligns closely with area averages. A thoughtful perspective is that while the lot size is smaller than others on Glenway Avenue, this can translate to less yard maintenance—an advantage for busy professionals or those looking to downsize exterior upkeep without sacrificing indoor space. It’s an ideal fit for growing families, first-time buyers looking for a solid step-up property, or downsizers who value single-level living (assuming bungalow style, common for the area and era) but still desire generous room inside.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to recent sales?
The home sold between $350,000-$400,000 in late 2022. Its current assessed value of $400,000 is very close to the average for both the street and the broader River East neighborhood, indicating it is priced consistently with the market.
2. Is the lot size a concern?
The land area is smaller than most on the street. This means less private outdoor space but also reduced maintenance. For buyers prioritizing interior space over a large yard, this is a reasonable trade-off.
3. What does the "newer build year" actually mean for me?
Built in 1992, the home is 10-15 years newer than the neighborhood average. This often translates to updated electrical systems, more modern insulation standards, and floor plans that better suit contemporary living, potentially lowering immediate renovation needs.
4. Are sold prices on this site exact?
No. For privacy and data licensing reasons, sold prices are shown in ranges. You can request the exact historical sold figures via email from the site provider for verified accuracy.
5. How does this home rank for space in Winnipeg overall?
Its living area is consistently above average, ranking in the top 29% city-wide. You are getting more interior square footage than over 70% of comparable homes across Winnipeg, which is a significant advantage in this price segment.