Property Overview: 304 Glenwood Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established two-storey home in the Glenelm neighbourhood offers a classic charm combined with practical updates. Built in 1927, its 1,504 sqft of living space is complemented by a renovated basement, adding functional square footage. A key standout feature is the exceptionally large lot of over 10,000 sqft, which is rare for the area and places this property in the top 2% of Glenelm for land size. This allows for ample private outdoor space, garden potential, and room for additions like a deck or workshop. The home includes a detached garage.

Its appeal lies in its position within a mature, tree-lined community and the value offered by the generous parcel of land. The home itself is of a comfortable, above-average size for both the street and the wider city. The renovated basement suggests modern livability within a character home.

This property would suit buyers looking for a home in a established neighbourhood who prioritize outdoor space and future potential over a brand-new build. It’s ideal for gardeners, families wanting room to play, or those who see value in the possibility of expanding the home itself in the future. It represents a solid, grounded opportunity in a sought-after area.

Section 2: Frequently Asked Questions

1. How does the home’s value compare to the area?
The assessed value is above average for Glenelm (top 6%), indicating it is viewed as a premium property within the neighbourhood, likely due to the large lot and home size.

2. Is the lot size unusual for Winnipeg?
Yes. At 10,268 sqft, the lot is significantly larger than average, ranking in the top 6% citywide. This is the property's most distinctive asset.

3. What does the "renovated basement" typically mean for a home of this age?
While specifics aren't listed, in a 1927 home this often means updated essentials like flooring, lighting, and drywall, potentially creating a legal suite or additional living/recreational space. It’s a key update that adds immediate functionality.

4. The home sold in 2017 and 2020. Is that a concern?
Not necessarily. The sales history shows steady appreciation in that period. This turnover could indicate the neighbourhood's desirability, or that previous owners completed the basement renovation before selling.

5. How does the age of the home factor in?
Built in 1927, it is typical for Glenelm but older than most Winnipeg homes. Buyers should expect character features but also prioritize a thorough inspection for century-old building components like the roof, plumbing, and electrical systems, even with a renovated basement.