Property Overview: 46 Vivian Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey character home built in 1912, situated on a standard city lot in the established Glenwood neighbourhood. Its primary appeal lies in its renovated basement, detached garage, and its position as a more affordable entry point into the Winnipeg market. The home's living space (726 sq ft) is notably smaller than most in the area, which is reflected in its below-average assessed value.
This property would best suit a first-time buyer, an investor, or a downsizer seeking a lower-maintenance footprint without leaving a mature community. Its charm is practical rather than luxurious, offering the fundamentals of homeownership. A thoughtful perspective for the right buyer is the potential in its vintage: a 1912 build suggests solid craftsmanship and the possibility of classic architectural details, while the renovated basement adds modern utility. It represents an opportunity to own a standalone home where the value is in the land and the structure's potential, rather than in expansive finished square footage.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes. With 726 sq ft of living area, it is significantly smaller than the average home in Glenwood (approx. 1,015 sq ft) and Winnipeg overall. The efficient layout is a key consideration.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the home's full usable space.
3. How does the assessed value relate to the likely selling price?
The assessed value is $24,400. Note that nearby, recently built homes have much higher assessments (e.g., over $42k), while a similar-vintage neighbour is assessed at $190k. Market conditions, the home's condition, and lot value will determine the final sale price, which history shows can be near or above assessment.
4. What are the benefits of an older home like this?
A 1912 home often comes with solid construction, mature landscaping, and established neighbourhood character. The trade-off is the potential for older systems (plumbing, electrical) that may need attention or updating.
5. How does the lot size compare?
The lot is 2,501 sq ft, which is typical for its street but smaller than the broader neighbourhood average. It provides adequate outdoor space for a garden or patio without extensive maintenance.