Property Overview

This one-storey home at 27 Blenheim Avenue in Winnipeg's Glenwood neighbourhood presents a specific and practical opportunity. Built in 1945, its key characteristic is its compact 648 sqft living area, which is notably smaller than most homes on its street and in the wider city. This is balanced by a decently sized, average lot of just over 4,500 sqft and a detached garage. The home features a renovated basement, adding functional space. Its assessed value is positioned below average for the area, reflecting its size and vintage.

The appeal lies in its efficiency and potential. It suits a first-time buyer, downsizer, or investor seeking an affordable entry into the market with lower property taxes. The renovated basement adds immediate utility, while the lot size offers room for gardening, storage, or future expansion—a valuable asset not always found with smaller homes. It’s a property for those who prioritize location and land over square footage, seeing the existing structure as a comfortable starting point rather than a final product.

Frequently Asked Questions

1. Is the living space too small for practical use?
While the 648 sqft main floor is compact, the renovated basement effectively doubles the usable space. This layout can work well for individuals, couples, or those comfortable with efficient, open-concept living.

2. Why is the assessed value relatively low?
The assessed value is primarily a function of the home's smaller living area and age compared to other properties. It results in a benefit for the buyer: proportionally lower property taxes.

3. What does the lot size mean for me?
At over 4,500 sqft, the lot is a significant feature. It provides ample outdoor space and a degree of privacy that is uncommon for many smaller, affordable homes. It also presents a long-term option for additions, subject to local bylaws.

4. How does the recent sale history inform the price?
The home sold in 2017 for approximately $19.5k–$22.5k. This historical price underscores the property's position as an affordable option, but current market value will be influenced by factors like the basement renovation and broader market conditions since that time.

5. What is the neighbourhood like?
Glenwood is a mature, established neighbourhood. The property's rankings show its characteristics (like year built and lot size) are very typical for this specific area, indicating a consistent, stable streetscape without extreme outliers.