Property Overview: 34 Vivian Avenue, Winnipeg
Key Characteristics & Appeal
This bi-level home at 34 Vivian Avenue in Glenwood is a modern property built in 2018, offering a move-in-ready opportunity with a renovated basement. Its primary appeal lies in its relative newness within an established neighbourhood, providing contemporary living without the wait and uncertainty of new construction. At 935 sqft, the living space is compact and efficient, ranking around average for the immediate area but below the city-wide average, suggesting a practical layout without excess.
The data reveals a thoughtful balance. While the land area is modest compared to most of Winnipeg, the assessed value is strong for both Vivian Avenue and Glenwood, indicating the property is well-regarded within its local market context. This combination suits first-time homebuyers, downsizers, or investors seeking a modern, low-maintenance home in a mature neighbourhood. It’s a property that trades larger lot size for the advantages of a newer build, appealing to those who prioritize the condition and systems of the home over expansive outdoor space.
Frequently Asked Questions
1. How does the property’s value hold up in different comparisons?
The assessed value of $36,200k ranks in the top 20-22% for both Vivian Avenue and the broader Glenwood area, suggesting it is considered a higher-value home locally. City-wide, it sits around the median, indicating its value is very specific to its desirable, newer construction in an older neighbourhood.
2. What does the "below average" land area actually mean for me?
The lot is approximately 2,500 sqft, which is smaller than most in the city and even on its own street. This translates to less yard maintenance but also less private outdoor space. It’s a trade-off that aligns with a low-maintenance lifestyle.
3. As a newer home, what are the less obvious benefits?
Beyond modern finishes, a 2018 build means major components like the roof, HVAC, windows, and appliances are likely still under or just approaching the end of their original warranties. This can offer significant short-to-medium-term peace of mind and budget predictability compared to an older home.
4. The sold price history shows a range. What factors influence the exact price?
The listed ranges from previous sales (e.g., $36.5k-$39.5k in 2023) account for variables like interior condition at the time of sale, specific market conditions, and buyer demand. The exact final sold price is influenced by these nuances, which is why it requires a direct request from the listing service.
5. Who might this property not suit?
Buyers seeking a large yard for gardening, recreation, or future expansions may find the lot size limiting. Similarly, those needing significant interior space for a growing family or home office might find the below-city-average square footage constraining over the long term.