Property Overview

This one-and-a-half storey home at 351 Glenwood Crescent in Winnipeg's Glenelm neighbourhood presents a compelling mix of character and practicality. Built in 1952, it stands out on its street as a notably newer construction compared to its peers. With 1,702 square feet of living space, it offers above-average roominess for both the immediate area and the city overall. A key feature is its renovated basement, adding functional living space. The lot size is modest for the street but is actually above average for the Glenelm area, suggesting a manageable yard with less upkeep.

Its appeal lies in its position within a sought-after, established neighbourhood, coupled with a home that feels more contemporary than many surrounding properties. The renovated basement adds immediate utility without the need for a major project. It would suit buyers looking for a character home in a prime location who want more interior space and a newer build date, but who may not want the extensive yard maintenance that comes with larger lots. It's a solid option for those prioritizing neighbourhood and home condition over maximum land size.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The home's assessed value is around average for the street and city but is in the top 8% for the Glenelm neighbourhood. This suggests the property is in a desirable enclave. Market conditions, the home's specific condition, and the renovated basement will ultimately determine the sale price, but the assessment indicates a strong foundational value in a premium area.

2. Is the smaller lot size a significant drawback?
While the lot is below the street average, it is above average for Glenelm and close to the city-wide average. This translates to a more manageable yard, which could be a positive for those seeking lower maintenance. The trade-off is less private outdoor space compared to some direct neighbours.

3. What does "one-and-a-half storey" typically mean for this era of home?
Common in mid-century designs, this style often features a main floor with principal rooms and a second floor under sloping roof lines, creating cozy bedrooms or unique spaces. It offers more character and a different layout than a simple two-storey box.

4. The home sold in 2020. What can that price history tell me?
The past sale price provides a historical benchmark, but it should be considered in the context of the significant market changes and renovations that may have occurred since 2020. It's a starting point for understanding the property's trajectory, not a predictor of its current value.

5. How does the age of this home compare to others in Glenelm?
Built in 1952, this home is significantly newer than the neighbourhood average. This can be a major advantage, potentially meaning fewer issues with outdated plumbing, electrical, or foundations common in much older homes, while still providing the established neighbourhood feel.