Property Overview: 228 Egerton Road, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Glenwood presents a practical and solid opportunity. Built in 1952, it features 1,260 sqft of living space and a renovated basement, complemented by a detached garage. The home’s standout feature is its generous 6,841 sqft lot, which ranks within the top 4% of properties in Glenwood for land area. This offers significant outdoor space and potential in a neighborhood where lots are typically smaller.

Its appeal lies in its balanced, above-average positioning within a well-established community. While the house itself is modest in size and age compared to the broader city, it holds strong value within its immediate area. The renovated basement adds functional living space, and the property’s assessed value consistently performs well above the Glenwood average. This suggests a home that has been maintained and is considered a stable asset in its locale.

This property would suit a buyer looking for a manageable, single-level layout with ample yard space for gardening, children, or future expansion. It’s ideal for someone who values a established neighborhood character over a brand-new build, and who recognizes the inherent value of owning one of the larger lots in the area. It represents a sensible entry into homeownership or a downsize that doesn’t sacrifice outdoor room.

Section 2: Frequently Asked Questions

1. How does this home truly compare in the neighborhood?
The data shows a compelling contrast: while the house is fairly typical for Egerton Road, its lot size is exceptional for Glenwood. You’re getting a property that offers more outdoor space than 96% of the homes in the community, which is a significant long-term advantage.

2. What does the "above average" assessed value in Glenwood indicate?
An assessed value in the top 14% for the neighborhood suggests the property is viewed favorably relative to its peers, often reflecting updates (like the basement renovation), lot size, and overall condition. This can indicate stable property taxes relative to value and a history of solid maintenance.

3. Is the sold price history reliable?
The listed sold prices are estimated ranges from public data. For precise historical sale figures to inform your offer, you must request the exact data via email from the source. This is a common practice to ensure accuracy in financial planning.

4. Who might this layout not suit?
The one-storey, 1,260 sqft layout may feel constrained for larger families needing multiple bedrooms or dedicated home office spaces, despite the renovated basement. Buyers seeking a modern, open-concept floor plan or very high-end finishes might find the 1952 build requires updates.

5. What is the practical benefit of a detached garage?
Beyond vehicle storage, a detached garage offers flexibility. It can serve as a workshop, hobby space, or storage area without impacting the main home's living environment, which is a valued feature for many homeowners.