Property Overview: 111 Clonard Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1945 on a standard city lot in the Glenwood neighbourhood. Its key characteristic is its modest scale, with 744 sqft of living space, which is below average for the street, area, and city. The home has a detached garage and no basement.
The primary appeal lies in its position as an accessible entry point into the Winnipeg housing market. With a consistently below-average assessed value compared to its immediate neighbours and the wider city, it represents a lower financial barrier to entry. This isn't a home for someone seeking ample space; instead, it suits a specific buyer: a minimalist, a first-time purchaser comfortable with a cozy footprint, or an investor looking for a straightforward rental property. Its age places it squarely in the average range for the local area, suggesting it fits the established character of Glenwood without being a historic standout. A thoughtful perspective is that a home of this size and value can offer financial flexibility, potentially freeing up resources for renovations, travel, or investments outside of real estate.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific attributes—its smaller living area, lot size, and age—compared to all Winnipeg homes. It is more informative to compare it to the Glenwood area average (where it's also below average), as this reflects its local market position more accurately.
2. What does the "Top 74%" ranking for Living Area mean?
It means that for living area size, this home ranks in the bottom 26% of 109 comparable homes on Clonard Avenue. In simpler terms, about 74% of homes on the street are larger. This is a consistent trend across all size metrics for this property.
3. Is there a basement?
No, the listing explicitly states there is no basement. All living space is on the single main floor.
4. How recent is the sold price history shown?
The last recorded sale was in December 2021. The listed price range is an estimate based on public data; the exact sale price can be requested directly from SaveOnHouse.
5. What are the expansion possibilities?
While subject to local zoning, the lot size (3,465 sqft) is below average but may allow for a rear addition or garden suite, subject to permits. The lack of a basement limits easy below-ground expansion, making a main-floor or upward extension more likely considerations for future growth.