29 Vivian Avenue

Property Overview

This two-storey home at 29 Vivian Avenue in Winnipeg's Glenwood neighborhood presents a distinct profile. Its primary appeal lies in being a modern, above-average-sized home within a context of much older, smaller properties. Built in 2020, it is a notably recent construction in an area where the typical home was built in the early 1950s. With 1,592 sqft of living space, it ranks in the top 3-5% for size on its street and in Glenwood, offering significantly more room than local averages. The basement has been renovated, adding to its move-in-ready condition.

However, its context is key. The home sits on a smaller, urban-sized lot (2,558 sqft), which is below the neighborhood and city averages for land area. This suggests a more efficient use of space rather than expansive outdoor grounds. Its assessed value places it in the top tier locally, reflecting its modern build and larger footprint compared to its immediate peers.

This property would ideally suit buyers seeking a modern, low-maintenance home without leaving a well-established neighborhood. It’s for those who prioritize interior space and contemporary features over a large yard. It may also appeal to value-conscious buyers looking for a newer build that stands out in its local market, potentially offering a different lifestyle than the surrounding older homes.

Frequently Asked Questions

1. Why is the assessed value so high compared to nearby homes?
The assessed value reflects the home's recent construction (2020) and its significantly larger living area compared to the neighborhood norm, which consists mostly of older, smaller homes. It's valued for its modern amenities and size, not its lot.

2. What does "below average" land area mean for daily living?
It indicates a compact, urban lot. This typically means lower yard maintenance but limited private outdoor space. It's a trade-off: you gain a modern, spacious interior but have less land than many houses in wider Winnipeg.

3. The home sold recently in 2024 and 2020. What does that indicate?
The two sales in four years could suggest a few things: it may have been a flip following the basement renovation, or it could indicate a desirable, liquid property in the area. Reviewing the exact price change (available by request) would clarify if its value is appreciating.

4. How does this modern home fit into the Glenwood neighborhood?
Glenwood is characterized by homes built primarily in the mid-20th century. This property offers a rare, turn-key contemporary option in that setting, which can be a major advantage for buyers wanting modern comforts without a suburban new-build feel.

5. Are there any obvious drawbacks compared to the "comparable homes" listed?
The data suggests the main compromise is lot size. While you get a top-tier home in terms of size, age, and value for the immediate area, your land parcel is smaller than most. This is the inverse of many older homes, which may have larger lots but require updates.