Property Overview
81 Vivian Avenue is a modern, two-storey home built in 2024, offering a turnkey living experience in Winnipeg's Glenwood neighborhood. Its primary appeal lies in being a nearly new construction with a recently renovated basement, requiring minimal immediate upkeep. The home stands out on its street and in its area for its above-average living space and elite assessed value, suggesting quality finishes and construction. However, it sits on a smaller-than-average lot for the city. This property suits first-time homebuyers seeking a modern, low-maintenance home, or downsizers who want single-floor living potential (with a renovated basement) without the burden of an aging structure. It’s less suited for buyers prioritizing a large yard or extensive outdoor space.
Key Characteristics & Appeal:
- Modern & Move-In Ready: Built just two years ago, this home offers contemporary building standards, energy efficiency, and freedom from major repairs for the foreseeable future.
- Spacious & Updated Interior: With 1,497 sqft of living space, it is notably larger than most homes on Vivian Avenue and in Glenwood. The renovated basement adds functional living area.
- Strong Perceived Value: Its assessed value is in the top 3-5% of the local area, indicating it is considered a premium property compared to its neighbors, which typically are much older.
- Efficient Lot: The land area is compact (2,553 sqft). This means lower yard maintenance but less private outdoor space—a trade-off that appeals to those seeking a lock-and-leave lifestyle.
- Buyer Profile: Ideal for professionals, young families, or retirees who value modern amenities and interior space over a large garden. Its position offers a balance of being a standout property on the block without the upkeep of a large plot.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessed value is elite for the street and area primarily because the home is brand new (2024) compared to the neighborhood average, which dates to the 1950s. This reflects the cost of modern construction, materials, and systems, along with the renovated basement.
2. What does the smaller land area mean for me?
The lot is below average in size for Winnipeg. This translates to less yard maintenance and lower property taxes tied to land value, but also limited space for additions, large gardens, or extensive outdoor recreation. It maximizes the living space on an efficient footprint.
3. Is the sold price history accurate?
The displayed sold price range is based on available public data. For the exact, verified sold price, you must request it via the provided email service. This ensures you are making decisions based on precise historical information.
4. What is the Glenwood neighborhood like?
Glenwood is an established neighborhood. This home is unique as a very recent infill build among older properties. Buyers should experience the street directly to gauge the mix of old and new, and consider the long-term development trends in the area.
5. Are there any obvious drawbacks to a home this new?
While offering modern advantages, a new home in an older area may have a different architectural character than its neighbors. Some buyers might find the smaller lot size a constraint, and the premium price reflects its new condition, not necessarily future market appreciation.