Property Overview: 128 Clonard Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Glenwood presents a practical opportunity with a few distinct advantages. Its key characteristic is a renovated basement, adding valuable finished living space to the 1,199 sqft footprint. Built in 1927, the home is notably older than most in the area, which may appeal to those who appreciate classic construction but should be factored into maintenance considerations.
The primary appeal lies in its land and location. The lot is a generous 5,097 sqft, placing it well above average for Clonard Avenue and Glenwood, offering significant outdoor space rare for the neighbourhood. While the home’s assessed value is modest compared to the Winnipeg average, this translates to a potentially more accessible entry point into a stable community. The property suits first-time buyers or downsizers looking for a manageable single-level layout with a updated basement, and who prioritize a larger yard over a newer build. It’s a home for those who see value in space and location, and are comfortable with the character and upkeep of a near-century-old house.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a bathroom or legal secondary suite potential.
2. How does the older year of construction (1927) affect the property?
While offering classic charm, it necessitates a thorough inspection. Key focus areas should include the foundation, original plumbing and wiring, insulation, and the roof. Older homes can be solidly built but may require updates to meet modern efficiency standards.
3. The assessed value seems lower than the city average. Why?
The assessed value of $300k is around average for Glenwood but below the Winnipeg average, reflecting the home’s age, smaller above-ground square footage, and the neighbourhood’s market. It’s important to remember assessed value is for tax purposes; market value is determined by recent sales of similar homes.
4. What are the benefits of such a large lot?
The over 5,000 sqft lot is a standout feature. It provides ample room for gardening, recreation, pets, and future outdoor living spaces like a deck or shed. It also offers potential for future expansion, subject to zoning bylaws.
5. There’s no garage. What are the parking options?
The listing notes no garage. Buyers should verify the driveway capacity and on-street parking regulations. For older neighbourhoods, this often means a rear laneway or driveway suitable for one or two vehicles.