Property Overview

This bi-level home at 87 Stranmillis Avenue in Winnipeg's Glenwood neighbourhood presents a specific and practical value proposition. Its key appeal lies in its modern build year paired with a modest footprint and assessed value.

Key Characteristics & Ideal Buyer

The home’s most defining feature is its age. Built in 2019, it is a notably newer construction compared to most homes on its street, in Glenwood, and across Winnipeg, ranking in the top 10% locally. This translates to modern building standards, newer systems, and minimal immediate repair needs. The living space (891 sq ft) is compact, ranking around average for the immediate area but below the city-wide average, indicating a efficient, low-maintenance layout. The property sits on a smaller lot, which reduces yard upkeep.

Its appeal is grounded in practicality and modern convenience. The assessed value is consistently around average for its peer groups, suggesting a stable, entry-level price point for a recently built home. This property would suit first-time buyers or downsizers seeking a modern, move-in-ready home without the premium often attached to new builds in larger subdivisions. It’s also a sensible choice for an investor looking for a newer asset with potentially lower maintenance costs. A less obvious perspective is that the small lot and average local valuation might offer a unique opportunity to own a recent build in an established neighbourhood without the premium lot size cost, focusing investment purely on the structure itself.

Frequently Asked Questions

1. What are the main advantages of this home?
The primary advantage is its 2019 build year, offering modern construction, newer major components (like roof, furnace, windows), and contemporary layout efficiencies, all within an established neighbourhood.

2. Who would this property not be suitable for?
It may not suit buyers seeking extensive living space, a large yard for gardening or recreation, or a home with established mature trees and landscaping. The basement exists but is noted as not renovated.

3. How does the property’s value compare?
The assessed value is around average for similar homes on Stranmillis Avenue and in the Glenwood area, but ranks higher (Top 66%) city-wide, indicating you get a relatively newer home for a value that is mid-range locally.

4. What is the neighbourhood like?
Glenwood is an established, mature neighbourhood. The home’s lot size is notably smaller than area averages, suggesting a more compact streetscape, potentially with homes built in different eras.

5. Where can I find exact historical sale prices?
The listed sale price ranges are based on public data. The exact sold price history is available by emailing a request to the source of this data, SaveOnHouse, who provide it manually without using your email for unsolicited marketing.