Property Overview: 529 Stewart Street, Winnipeg

Key Characteristics & Appeal

This one-storey home in Glendale presents a practical and value-oriented opportunity. Its key characteristics include a renovated basement, a detached garage, and a notably generous lot size of over 6,000 sqft, which places it in the top 10% for land area on its street. With 1,083 sqft of living space, the home is functionally sized and aligns with the neighborhood average. The assessed value stands out as being above average for both the immediate street and the wider Glendale area, suggesting a perception of solid value by municipal assessors.

The primary appeal lies in its established neighborhood setting and the potential inherent in its large lot. The renovated basement adds immediate functional living space. This property would suit first-time buyers seeking a manageable, single-level layout with room to grow outdoors, or value-focused investors attracted by the above-average assessment and the stability of a mid-century home in a mature area. A less obvious perspective is that a home with an assessed value ranking significantly higher than its living area ranking can indicate a premium placed on the land or specific upgrades, making it a interesting candidate for those who prioritize lot size over sheer interior square footage.

Frequently Asked Questions

1. What does the "above average" assessed value ranking mean?
It means the municipal property assessment for this home is higher than most comparable homes on its street and in Glendale. This can reflect recent renovations, desirable lot characteristics, or market trends, but it's a key data point for understanding its tax base and perceived value.

2. Is the living space sufficient for a family?
At 1,083 sqft, the living area is typical for the area. The renovated basement effectively expands the usable space, making it a practical option for small families or those comfortable with a more compact main-floor footprint.

3. What are the implications of such a large lot?
The 6,004 sqft lot offers valuable outdoor space, potential for gardening, expansion (subject to zoning), or simply more privacy. It's a standout feature that provides more flexibility than many standard city lots.

4. How does the 1967 build year affect the home?
Built in 1967, the home is newer than many on its street. Buyers should still expect age-appropriate maintenance for systems like plumbing, electrical, and the roof, but it may have benefited from building practices of that era.

5. Why is the exact historical sale price not listed publicly?
To ensure accuracy and comply with data regulations, the precise sale price from the last transaction is verified and provided directly upon request, rather than displaying potentially incomplete public records.