174 Clonard Avenue

Property Overview & Key Characteristics

This one-storey home on Clonard Avenue in Glenwood presents a specific and compelling opportunity. Its primary appeal lies in a rare combination: a very large, 6,371 sqft lot that ranks in the top 2% on its street, paired with a home offering above-average living space for the immediate area. The house itself is a classic 1912 build with an unfinished basement and no garage, indicating it's a property with a foundation of space and location, awaiting modernization.

It would best suit a value-driven buyer who prioritizes land size and sees potential over perfection. This could be a hands-on homeowner planning a gradual renovation, an investor looking for a solid lot in a established neighborhood, or someone seeking the character and space of an older home without paying a premium for a fully updated interior. The appeal is less about immediate move-in readiness and more about the tangible asset of the land and the flexibility to customize the home over time.

Frequently Asked Questions

1. Is the low assessed value a concern?
No, it's typical for a home of this age and condition in Winnipeg. The assessed value is in line with similar homes on the street and in Glenwood, reflecting its unrenovated state rather than its market potential or lot value.

2. What does "above average" living area mean for a 1,240 sqft home?
While the square footage is modest city-wide, it's notably larger than the average home on Clonard Avenue (~974 sqft) and in the Glenwood area (~1,015 sqft). This means the home offers more interior space than most of its direct neighbors.

3. What are the implications of a 1912 build?
It signifies strong, traditional construction but also means potential for outdated mechanical systems (like wiring or plumbing), less open floor plans, and a need for careful inspection. The charm and solidity come with the responsibility of maintaining an older structure.

4. How significant is the lot size?
Extremely significant for the location. At over 6,300 sqft, the lot is a major feature, offering exceptional outdoor space, privacy, and future potential (like additions or landscaping) that is very hard to find on most city streets.

5. The home sold recently in 2024 and 2020. What does that indicate?
The recent sales activity suggests the property is seen as a viable project or investment. The stable price range between sales indicates a consistent perceived value based on its core attributes—lot size, location, and home footprint—rather than speculative swings.