Property Overview: 23 Stranmillis Avenue, Glenwood, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1944, presents a solid, no-fuss opportunity in Winnipeg's Glenwood neighbourhood. Its key characteristics are defined by consistency: with 1,116 sqft of living space and a 5,094 sqft lot, it sits comfortably around the average for its immediate street and area. The home features a renovated basement and a detached garage. Its assessed value is modest, ranking in the middle of the local pack but below the city-wide average, suggesting a potentially accessible entry point.

The appeal lies in its straightforward, grounded profile. It’s not an outlier in size, value, or age, which can mean fewer surprises and a stable foundation for the neighbourhood. This is a property for practical buyers—perhaps first-time homeowners, downsizers, or investors—who value a manageable scale and a renovated basement for extra living space. It suits someone looking for a character home without the extreme upkeep of a century-old property, and who appreciates a lot size that offers room without being overwhelming to maintain. A thoughtful perspective is that its "average" metrics within a stable area could represent a lower-risk, predictable holding in the housing market.

Section 2: Frequently Asked Questions

1. How does the home’s age (1944) affect it?
At 82 years old, it’s older than most city-wide averages. While it carries character, a pre-purchase inspection is crucial to understand the condition of major aging components like plumbing, electrical, and the foundation.

2. What does the assessed value tell me about the potential price?
The assessed value is a municipal figure for tax purposes and is notably lower than recent city-wide sale averages. It does not set the market price, but its modest level compared to the neighbourhood suggests this may be a more affordable option within Glenwood.

3. The last recorded sale was in 2017. Is that a concern?
Not inherently. A seven-year ownership period indicates stability. It does, however, mean market conditions have changed significantly since that sale, so current local sales comparisons are essential for accurate valuation.

4. What are the advantages of the lot size?
At just over 5,000 sqft, the lot is above average for the street. This provides more private outdoor space than many nearby homes, offering room for gardening, recreation, or future additions like a shed or deck, without the burden of a very large yard.

5. Who might the "renovated basement" suit best?
The renovated basement adds flexible living space. It’s ideal for a growing family needing a playroom or secondary living area, a household seeking a dedicated home office or hobby room, or potentially for generating rental income, subject to local zoning regulations.