Property Overview: 32 Vivian Avenue, Glenwood, Winnipeg
This 990 sqft bi-level home, built in 2017, presents a modern living option in the established Glenwood neighbourhood. Its key appeal lies in being a newer, low-maintenance property within a mature community. The home features a renovated basement, contributing to its functional living space. While the lot size is compact compared to area averages, the property’s assessed value ranks well above average for both its street and neighbourhood, suggesting a perception of solid value and desirability in its immediate context.
Key Characteristics & Ideal Buyer
The primary appeal of this home is its contemporary construction in a settled area. Buyers gain the benefits of a newer build—like modern systems and likely fewer immediate repairs—without being in a brand-new subdivision. Its above-average assessment for Glenwood indicates it may have features or a condition that outperforms many nearby homes. The renovated basement adds practical, flexible space.
The compact lot is a defining characteristic. It means less yard maintenance, which is a plus for busy professionals, first-time homeowners, or those seeking a lock-and-leave lifestyle. However, it also means limited private outdoor space. This property would suit a buyer looking for a modern, move-in-ready home who prioritizes interior space and low external upkeep over a large garden. It’s a pragmatic choice for someone wanting a foothold in a mature neighbourhood without the typical upkeep of an older house.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the selling price?
While the assessed value ($37.8k) is used for property tax calculations and is notably high for this street and neighbourhood, market conditions, recent upgrades, and buyer demand will ultimately determine the sale price. It does, however, signal that the property is considered valuable relative to its local peers.
2. What are the pros and cons of the smaller lot size?
The lot is significantly smaller than most in Glenwood. The advantage is minimal yard work and lower maintenance. The trade-off is limited space for gardening, play, or expansive outdoor entertaining. It’s a feature that simplifies lifestyle for some but may be a drawback for others.
3. As a newer home (2017) on an older street, what should I consider?
You benefit from newer construction standards, insulation, and likely efficient mechanical systems. It’s wise to check how the home’s style and scale fit with the surrounding homes and to understand any neighbourhood covenants or patterns that might affect future exterior renovations.
4. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. A key question is whether the renovation created a legal secondary suite, added living space (like a family room or bedroom), or simply finished the area. This significantly impacts the home’s utility and value.
5. How does the living space compare to nearby homes?
At 990 sqft, the living area is very close to the average for both Vivian Avenue and the wider Glenwood area. This suggests the home offers a typical amount of interior space for this specific location, making it a competitively sized option within its immediate market.