Property Overview: 26 Vivian Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2018, presents a compelling mix of modern living and established neighbourhood charm. Its primary appeal lies in its generous 1,592 sqft of living space, which ranks within the top 3% of homes on Vivian Avenue and the top 5% within the Glenwood neighbourhood. This substantial size, combined with a renovated basement, offers ample room for families or those who value spacious interiors. As a newer build, it also promises modern construction standards and likely lower immediate maintenance needs compared to older area homes.
The property’s assessed value of $540k positions it above average for the street and Glenwood, reflecting its premium size and condition. A thoughtful perspective is that this home represents a "best-in-class" option for its immediate area, offering more modern and expansive living than most direct comparables. However, it sits on a smaller lot (2,498 sqft), which is notably below the neighbourhood and city averages. This trade-off means less outdoor space but potentially lower yard maintenance.
This home would ideally suit buyers prioritizing move-in readiness, modern amenities, and interior square footage over a large yard. It’s an excellent fit for growing families or professionals who want a turnkey property in a mature community without the quirks and renovation projects of an older house.
Section 2: Frequently Asked Questions
1. How does the smaller lot size impact the property?
While the lot is smaller than most in Glenwood, it aligns with a lower-maintenance lifestyle. The trade-off for the large, modern interior is less private outdoor space, which may be a consideration for those wanting extensive gardens or play areas.
2. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the finishes or layout. A prospective buyer should inquire about the scope of the renovation, whether it includes a legal suite or additional living space, and the quality of the finishes.
3. The home sold in 2021 for approximately $48.5k–$51.5k. Why is the assessed value now $540k?
The 2021 sale price range appears to be a data discrepancy or may refer to a non-standard transaction. The current assessed value of $540k is a municipal assessment for taxation purposes and is a more reliable indicator of its current market positioning relative to other homes.
4. Is there any parking or a garage?
The listing specifies there is no garage. Buyers should verify the available parking options, such as a driveway or on-street permits, to suit their needs.
5. Why is this home considered "Elite" for living area in the neighbourhood?
The ranking is based on data comparison. With 1,592 sqft, this home is significantly larger than the average Glenwood home (~1,015 sqft), placing it in a rare tier for interior space within this specific area. It offers a size more common in newer suburbs within an established neighbourhood setting.