Property Overview: 95 Glencoe Avenue, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Kildonan Drive presents a solid, above-average offering in its immediate neighborhood. Its primary appeal lies in a combination of recent investment and strong valuation. The home features a renovated basement, adding functional living space to its 1,206 sqft footprint, and includes a detached garage. Built in 1957, it is notably well-maintained relative to its peers on Glencoe Avenue.

The data reveals a compelling perspective: this property stands out most in its direct vicinity. Its assessed value of $450k ranks in the top 6% on its street, significantly above the local average. While the lot size is somewhat smaller than others on the block, the home itself offers more living area than most neighboring houses. This suggests the value is driven by the structure and its updates rather than the land alone. Its appeal is grounded in being a move-in ready, updated home on a mature street, without the premium often attached to newer subdivisions.

It would suit practical buyers looking for a single-level layout in a stable area, particularly those who value recent renovations over a large yard. It’s also a sensible choice for someone prioritizing a home that has already been upgraded, as evidenced by its strong assessed value relative to the area.

Frequently Asked Questions

1. Why is the assessed value so much higher than the street average?
The $450k assessment is well above the ~$370k street average, strongly indicating that major updates, like the basement renovation, have been formally recognized, improving the home’s official valuation.

2. How does the lot size impact the property?
At 5,358 sqft, the lot is below average for Glencoe Avenue. This likely means a smaller backyard but also less maintenance. The trade-off is that the property’s value is clearly rooted in the home itself.

3. What does the sale history indicate?
The recorded sale in mid-2020 was in a significantly lower price range ($40.5k-$43.5k) than the current assessment. This typically indicates a prior distressed sale, estate transfer, or lot-value transaction. The current assessment reflects the home’s substantial improvement and market repositioning since then.

4. Is the living space adequate for a family?
With over 1,200 sqft plus a renovated basement, the home offers functional space. The one-storey layout is ideal for accessibility or those preferring no stairs, but families may want to verify bedroom count and layout, which aren’t specified in the data.

5. How does it compare to the wider Winnipeg market?
City-wide, this home sits around the median for living space and lot size but ranks above average for assessed value. This positions it as a competitively valued, updated property within the broader market, not just its immediate neighborhood.