Property Overview
124 Clonard Avenue is a modern, two-storey home in Winnipeg's Glenwood neighbourhood. Built in 2024, it stands out for its new construction and above-average living space in an area of predominantly older homes. The property features a renovated basement but does not include a garage or pool.
Key Characteristics & Appeal
This home’s primary appeal lies in its combination of new build advantages and a desirable location. With 1,556 sqft of living area, it offers significantly more space than most comparable homes in both Glenwood and on its own street. Its 2024 construction date means it is essentially a new home, likely requiring minimal immediate maintenance and featuring contemporary building standards and finishes. The renovated basement adds functional, flexible space.
The property suits buyers looking for a modern, move-in-ready home without the premium often attached to brand-new subdivisions. It’s ideal for those who value low-maintenance living and more interior space over a large yard, as the land area is notably smaller than area averages. The high assessed value relative to the neighbourhood underscores its premium positioning as one of the newest and largest homes in the area.
A thoughtful perspective is that this home offers a rare opportunity to live in a well-established community like Glenwood without inheriting the aging infrastructure or renovation projects common to the area. The trade-off for the modern interior and peace of mind is a more compact lot, which may appeal to those seeking easier outdoor upkeep.
Frequently Asked Questions
1. Is this really a new home?
Yes. It was built in 2024, making it one of the newest homes in Glenwood, where the average home was built in the 1950s.
2. Why is the assessed value so much higher than neighbours?
The assessed value reflects the home’s new condition, its larger-than-average square footage for the area, and modern construction, placing it in the top tier of properties locally.
3. What are the downsides of the smaller lot?
The land area is below average, meaning less private outdoor space and potentially less room for additions like a large deck or garage. It may also mean homes are situated closer together.
4. What does a “renovated basement” include?
The listing confirms the basement is renovated but does not specify finishes. This typically means it is a finished, livable space, but details on rooms, flooring, or ceiling height should be verified.
5. How does the recent sale price compare to the assessment?
The home sold in March 2025 for between $59.5k and $62.5k, which is close to its $55.9k assessed value, suggesting the assessment is relatively current and the sale was near market valuation.