Property Overview: 36 Guay Avenue, Glenwood, Winnipeg

Key Characteristics & Buyer Appeal

This home presents a clear value proposition in Winnipeg’s Glenwood neighborhood. Its most defining characteristic is its assessed value of $155k, which is significantly below average for the street, area, and city-wide comparisons. This positions the property as an accessible entry point into the market. The lot size of 2,585 sq ft is relatively modest, ranking around average for Guay Avenue but below the broader area norms, suggesting a lower-maintenance yard.

The appeal lies in its potential as a foundation. For a buyer with renovation skills or capital, the low entry cost could allow for substantial investment in updates while still staying below the price of turn-key homes in the area. It also suits practical, budget-conscious buyers seeking straightforward homeownership without a large mortgage, or investors looking for a rental property with a lower initial outlay. A less obvious perspective is that a home with a value this distinctively below its surroundings can sometimes indicate a motivated seller or a property ripe for value-adding improvements, making it a strategic play rather than just a compromise.

Frequently Asked Questions

1. Why is the assessed value so much lower than neighboring homes?
Assessed values are based on municipal evaluations for tax purposes and may reflect the home’s specific condition, features, or previous sale history. It does not necessarily dictate market price but is a strong indicator of its relative standing.

2. Is the living area size available?
The provided data does not include the living area (square footage) for this specific property, though averages for the street and area are listed. This information would need to be confirmed through a viewing or direct inquiry.

3. What does the "Top 100%" ranking for value mean?
A ranking in the "Top 100%" means the property’s assessed value falls within the bottom tier of the comparison group—effectively, it is at or near the lowest end of the spectrum for comparable homes in that geographic category.

4. How can I find out the exact sale history for this property?
The site notes that full sales history and exact figures are not displayed online due to data source rules. You can request this information manually via the provided email option, and they will send the details directly to you.

5. Are the nearby listed properties currently for sale?
The "Nearby properties" and "Worth viewing" listings are for reference and comparison of assessed values and features; they are not necessarily currently on the market. They are shown to provide context for the neighborhood's property landscape.