Property Overview: 182 Blenheim Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 728 sqft, one-storey home in Glenwood is defined by a compelling contrast. Its living space is modest and below average for the area, but it sits on a notably large, 5,547 sqft lot that ranks in the top 3% on its own street. Built in 1949, it is newer than many immediate neighbours, and its assessed value of $300k positions it above average for Blenheim Avenue. The home features a renovated basement, but does not include a garage or pool.

The primary appeal lies in its land value and potential. The generous lot size is a significant asset in an established neighbourhood, offering ample outdoor space and future expansion possibilities that are rare for homes of this vintage. Its above-street-average assessment suggests it is already viewed as a solid property within its micro-market. This home would suit a practical, value-oriented buyer—perhaps a first-time homeowner comfortable with a cozy footprint who sees long-term potential in the land, or an investor looking for a property where the underlying land contributes substantially to its worth. It’s less suited for those seeking immediate move-in space or modern amenities like a garage.

Section 2: Frequently Asked Questions

1. Is the house itself small compared to others?
Yes. At 728 sqft, the living area is below the average for Glenwood (approx. 1,015 sqft) and is quite compact by city-wide standards. The home’s interior space is functionally sized rather than spacious.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finish. This would be a key point to clarify with the seller or through a viewing to understand if it adds finished living space or simply updated utilities.

3. Why is the assessed value relatively high for a smaller home?
The $300k assessment likely reflects two factors: the substantial lot size, which is a major value driver, and the home’s condition (including the renovated basement). It indicates the property is considered a stronger asset on its street than its size alone might suggest.

4. How does the lack of a garage affect daily life and value?
The absence of a garage means relying on street parking and provides no enclosed storage or workshop space. This is a common trade-off in older neighbourhoods and is factored into the current price, but it’s a practical consideration for vehicle ownership and storage needs.

5. What is the significance of the large lot?
The 5,547 sqft lot is the property’s standout feature. It offers exceptional yard space for gardens, recreation, or entertaining. Importantly, it also presents a future opportunity—whether for a sizable addition, a new build, or simply enjoying a level of privacy and greenery uncommon for the area.