Property Overview
127 Clonard Avenue is a modern, two-storey home in Winnipeg's Glenwood neighbourhood, built in 2024. Its primary appeal lies in being a like-new property that offers move-in readiness with a renovated basement, all within a established community. The home stands out statistically: its living space is in the top 8% for the area, and it is newer than 99% of homes citywide. However, it sits on a smaller, urban-sized lot. This creates a distinct profile suited for buyers seeking modern finishes and efficient space over expansive outdoor grounds.
Key Characteristics & Ideal Buyer
This home’s key characteristic is its contemporary advantage in an older neighbourhood. The appeal is not just its age, but the combination of a renovated basement and above-average square footage for Glenwood, offering modern comfort without a custom build. Its assessed value ranks in the elite tier for the neighbourhood, reflecting its relative premium.
It would best suit downsizers or young professionals who prioritize low-maintenance, modern interiors and energy efficiency, and who are less concerned with having a large yard. It’s also a pragmatic fit for investors looking for a newer asset in a stable area, likely appealing to tenants seeking modern rentals. A thoughtful perspective is that this property represents a trade-off: you gain a modern, efficient home but forego the larger lot size typical of the area, making it ideal for a lock-and-leave lifestyle.
Frequently Asked Questions
1. Is this a brand-new home?
It was built in 2024, so it is essentially new construction with only two years of occupancy, offering that like-new condition without the initial landscaping and finishing delays.
2. Why is the assessed value so high compared to neighbours?
The assessed value is in the top 4% for Glenwood because it’s a 2024 build with above-average living area. Assessments factor in age, size, and condition, so a nearly new home naturally commands a higher valuation than the neighbourhood's older housing stock.
3. What does "renovated basement" include?
The listing confirms a renovated basement but does not specify finishes. This should be verified during a viewing to understand the quality, layout, and whether it includes a legal suite or additional living space.
4. There's no garage. Is street parking readily available?
The property has no garage. Prospective buyers should visit at different times to assess on-street parking availability on Clonard Avenue, a typical consideration for homes in this area.
5. The lot seems smaller than average. What are the implications?
Yes, the land area is in the bottom 10% for the street. This means minimal exterior maintenance and a smaller yard, which is a benefit for some but a limitation for those wanting significant outdoor space, gardens, or future expansions like a large deck or garage.