Property Overview
139 Clonard Avenue is a modern, renovated bi-level home in Winnipeg's Glenwood neighborhood. Built in 2021, it stands out as one of the newest homes in an area predominantly composed of houses from the mid-20th century. With 1,181 sqft of living space and a renovated basement, it offers a move-in-ready condition without the immediate need for updates. The property sits on a modest, city-typical lot of 3,567 sqft.
Key Characteristics & Appeal
The primary appeal of this home lies in its modern construction and above-average positioning within its local context. It ranks in the top 10% of its street and neighborhood for assessed value and in the top 4% for its new build year, suggesting a premium, low-maintenance property for the area. The renovated basement adds functional living space. However, the land area is smaller than most comparables, indicating a more compact yard.
This property would ideally suit first-time homebuyers or downsizers seeking a newer, worry-free home in an established neighborhood, without paying a premium for a large lot. It also appeals to value-oriented buyers who recognize the advantage of a modern building envelope (roof, windows, furnace) in a community of older homes, potentially offering long-term savings on upkeep. The recent sale history indicates steady value appreciation.
Frequently Asked Questions
1. What are the real advantages of a newer home in an older neighborhood?
Beyond modern aesthetics, the major benefits are reduced immediate maintenance costs and energy efficiency. Key components like the roof, HVAC system, windows, and plumbing are all only a few years old, which can provide significant budget predictability compared to an older home needing updates.
2. The lot is noted as smaller than average. How does this impact the property?
The compact lot means less yard maintenance, which can be a positive for those seeking a low-upkeep lifestyle. However, it may limit options for large additions, extensive landscaping, or outdoor recreational space. It emphasizes the property's value as being in the structure itself, not the land.
3. The assessed value is in the top 10% for the street. Is this a concern for property taxes?
A high assessment relative to immediate neighbors typically leads to higher property taxes. While it indicates the home is considered more valuable, buyers should factor this into their ongoing monthly costs rather than just the purchase price.
4. What does the sale history tell us?
The home sold in 2021 and again in 2022, with a notable increase in price over that period. This suggests strong initial market interest and value growth. Understanding why it sold again so soon would require deeper inquiry, but the rising price point is a positive market indicator.
5. Who might this home not be suitable for?
It may not suit buyers who prioritize a large private yard, extensive gardening, or space for multiple outdoor amenities. Families seeking a vast play area or those hoping for significant future expansions might find the lot size limiting. It is a home for living primarily inside the modernized space.