Property Overview
125 Clonard Avenue is a modern, two-storey home in Winnipeg's Glenwood neighbourhood, built in 2024. Its primary appeal lies in its new construction, offering move-in readiness with a renovated basement, and its notably spacious 1,500 sqft of living area which ranks well above average for both the street and the wider area. The home suits buyers seeking a modern layout without the wait or uncertainty of a build, particularly first-time homeowners or downsizers who prioritize low-maintenance, contemporary living space over a large yard. A thoughtful perspective is that this property represents a trade-off: you gain a top-tier, modern interior in a convenient location, but on a land area that is significantly smaller than most area lots. This makes it ideal for those who value indoor living space and new systems over extensive outdoor space for gardening or expansion.
Key Details & FAQs
- Key Characteristics: A 2-year-old, two-storey home with 1,500 sqft of living space and a renovated basement. It has no garage or pool. Its assessed value is $55,200.
- Appeal: Move-in ready modern condition, above-average interior space for the locale, and the benefits of new construction (e.g., modern building codes, efficiency, minimal immediate repairs).
- Ideal Buyer: Best suited for buyers who prefer a new, low-maintenance home without a large yard to upkeep. It's a strong match for professionals, small families, or retirees looking for modern comforts in a well-established neighbourhood.
Frequently Asked Questions
1. How does the lot size impact the property?
The land area of 2,548 sqft is compact, placing it in the bottom 10% for size on its own street. This means a smaller yard, which translates to less outdoor maintenance but also less private outdoor space. It’s a practical choice for those who don’t prioritize gardening or large outdoor gatherings.
2. Why is the assessed value noticeably lower than the city-wide average?
The assessed value reflects the municipal valuation for tax purposes, which is distinct from market value. In this case, it ranks in the top 4% for the Glenwood area, indicating it is considered a high-value property within its specific neighbourhood context.
3. What does the recent sale price range indicate?
The home sold in February 2025 for between $55,500 and $58,500. This recent sale, close to its current assessed value, provides a concrete benchmark for its market value in the current climate, suggesting a stable and transparent pricing history.
4. Who might this property not suit?
It may not be ideal for buyers seeking a large garage, a swimming pool, extensive garden space, or the character of an older home. The compact lot also offers limited potential for expansions like a large addition or detached garage.
5. What are the less obvious advantages of a home built in 2024?
Beyond just being "new," a 2-year-old home has likely passed its initial shakedown period where minor construction issues surface. Major components like the roof, furnace, and appliances are under warranty, and the home meets current energy and safety standards, offering predictable utility costs and peace of mind.