Property Overview: 511 St Charles Street, Winnipeg

Key Characteristics & Appeal

This two-storey home in Glendale presents a compelling blend of space, location, and established value. Its primary appeal lies in its generous proportions relative to its surroundings. With 1,665 sqft of living space, the home ranks in the top 9% on its own street and top 5% within the Glendale area for size, offering more room than most comparable local properties. This is complemented by a substantial 8,773 sqft lot, placing it in the top 9% city-wide for land area, which provides rare potential for privacy, gardening, or expansion.

The home features a renovated basement, an attached garage, and a pool. Built in 1970, it is newer than many homes in the immediate vicinity. Its assessed value positions it as an above-average property within its neighbourhood and street, suggesting a solid investment in a well-regarded area. The appeal is for the buyer seeking a established home with a spacious footprint and a large yard, without venturing into the premium price tier of the entire city. It would particularly suit growing families looking for room both inside and out, or value-conscious buyers who prioritize lot size and living space over a brand-new build. A thoughtful perspective is that this property offers the "bones" of a premium Glendale home—space and location—with the opportunity to tailor updates to one's own taste over time.

Frequently Asked Questions

1. How does the property’s value compare to recent sales?
Based on available data, the last known sale was in June 2021. To understand current market value, comparing it to recent, similar sales in Glendale is essential. The exact historical sold price for this property can be provided upon request.

2. What does the "renovated basement" entail?
The listing notes the basement is renovated, but specifics on the finish quality, layout, permits, and whether it includes a separate entrance or suite are not detailed. This would be a key area for clarification during a viewing or with the listing agent.

3. Is the pool an asset or a liability for resale?
This depends on the buyer. A well-maintained pool is a great private amenity for families. However, some buyers may see the maintenance cost and safety considerations as a drawback. The condition, age, and type of the pool will significantly influence this.

4. The assessed value seems high for the street average but average city-wide. What does this mean?
This indicates the home is a standout property on St. Charles Street and in Glendale, likely due to its larger size and lot. Its city-wide average ranking suggests you are getting a highly desirable local property without the peak city-wide premium, which can represent good value for the specific neighbourhood.

5. What is the typical character of Glendale?
Glendale is a mature, established neighbourhood in Winnipeg. It typically offers a mix of single-family homes on good-sized lots, with access to schools, parks, and local amenities. The area is known for its community feel and stability, attracting long-term residents.