Property Overview: 28 Vivian Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Glenwood is defined by its modern advantages and established neighbourhood setting. Built in 2018, it offers the benefits of a newer construction, including contemporary building standards and minimal immediate maintenance. With 1,592 sqft of living space, it is notably spacious for the area, ranking in the top 3% on its street and top 5% in Glenwood. The home also features a renovated basement, adding to its functional space.
Its primary appeal lies in this combination of a modern, turn-key home within a mature community. The property stands out for its above-average size and recent build year in a neighbourhood where many homes are significantly older. However, it’s worth noting the lot is compact compared to area norms, which may appeal to those seeking lower yard maintenance but less so to buyers prioritizing extensive outdoor space.
This home would best suit professionals, small families, or downsizers looking for a modern layout and finishes without venturing to the distant suburbs. It’s for buyers who value interior space and newer systems over a large garden, and who appreciate being part of a long-established community like Glenwood.
Section 2: Frequently Asked Questions
1. How does the home’s assessed value compare to its likely market price?
The assessed value is $540k, which places it well above average for the immediate area. Market price can be influenced by many factors beyond assessment, including the recent renovation and current market conditions. The provided sale history from 2020 shows a much lower price, highlighting the area's appreciation and the impact of the home's updates.
2. What are the implications of the smaller lot size?
At 2,499 sqft, the lot is smaller than most in Glenwood and Winnipeg overall. This typically means less yard work and lower exterior maintenance costs. It may also suggest a closer proximity to neighbouring houses. For some, this is a worthwhile trade-off for a larger, newer home on the interior.
3. The home is described as "Elite" for living area in Glenwood. What does that mean?
This statistical ranking indicates that, based on living space, this home is larger than approximately 95% of comparable properties in the Glenwood neighbourhood. It genuinely offers more interior square footage than is typical for the area.
4. Are there any apparent drawbacks to a home built in 2018?
A home of this age is still relatively new and likely under warranty for major structural components. One less obvious consideration is that the landscape and trees on the compact lot will still be establishing themselves, lacking the maturity of older properties in the area.
5. What is the neighbourhood character of this part of Glenwood?
Vivian Avenue features a mix of older original homes and newer infill constructions like this one. The nearby comparable properties include both historic character homes and new builds, indicating a neighbourhood in transition where modern convenience meets established community roots.