Property Summary: 171 Imperial Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home in Glenwood stands out primarily for its modern age and efficient use of space. Built in 2020, it is a notably newer construction compared to most homes in its immediate area and across Winnipeg, placing it in the top 5-7% for year built locally. This translates to appealing modern building standards, likely newer mechanical systems, and minimal immediate repair concerns.

The home’s appeal lies in its above-average living space (1,370 sq ft) for the Glenwood neighborhood, ranking in the top 15%, paired with a relatively modest assessed value. This suggests a good balance of interior roominess for the price point within this community. However, the lot is compact at 2,551 sq ft, which is smaller than typical for the street and city. This creates a low-maintenance yard but less private outdoor space.

This property would best suit a buyer looking for a modern, move-in-ready home in a well-established neighborhood without the upkeep of an older house. It’s ideal for professionals, small families, or downsizers who prioritize interior space and modern amenities over a large garden. The lack of a garage and a basement that is present but not renovated should be noted, indicating potential for future customization or a need for alternative storage solutions.

Frequently Asked Questions

1. Is this a good value for the area?
The data suggests it is competitive. Its assessed value is above average for Imperial Avenue and Glenwood, but this correlates with its newer construction and larger-than-average living area for the neighborhood. The recent sale price aligns with this premium for a modern home.

2. What are the main trade-offs with this property?
The primary trade-off is space: you gain a modern, efficiently designed interior but on a smaller lot with less outdoor privacy and no garage. It offers convenience and newer systems in exchange for expansive yard space.

3. The basement is listed as "not renovated." What does that mean?
It indicates the basement is unfinished or in a basic, utilitarian state. It provides valuable space for storage, laundry, and mechanical systems, and represents potential to add future living space, but it is not a finished living area as-is.

4. How does the small lot size affect daily living?
It means minimal yard maintenance, which is a benefit for those seeking a low-upkeep lifestyle. The downside is limited space for gardening, large outdoor gatherings, or adding extensive structures like a large shed or deck.

5. The home is newer, but are there any known issues with houses from this period?
While being newer generally avoids the major aging issues of older homes, it’s always wise to investigate the builder's reputation and ensure standard construction warranties were fulfilled. A thorough inspection is still recommended to check for any shortcuts or settling common in the first few years after construction.