Property Overview
91 Clonard Avenue is a compact, one-storey home in Winnipeg's Glenwood neighbourhood. Built in 1922, it offers 798 square feet of living space on a 2,547 sqft lot, with a detached garage. The home's assessed value is notably low at $20,200, and it last sold in late 2021 for an estimated $16.5k–$19.5k. Compared to its immediate street, neighbourhood, and the wider city, this property consistently ranks below average in size, land area, assessed value, and year built.
Key Characteristics & Appeal
This home’s primary appeal lies in its extreme affordability and minimal financial barrier to entry into the Winnipeg housing market. It suits a very specific buyer: someone seeking an ultra-low-cost property for land value, a tear-down/rebuild project, or a hands-on investor comfortable with a significant renovation or holding a lot for future use. Its below-average metrics across the board suggest it is not a move-in ready or conventionally competitive property.
A more thoughtful perspective sees potential in its location. Being "below average" in an established neighbourhood like Glenwood could represent a rare opportunity to secure a footprint in a community where most properties are already more developed and expensive. The very low taxes, based on its assessment, are a practical advantage for someone planning a longer-term project.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's specific characteristics: its smaller size, older age, and likely condition compared to the typical Winnipeg home. It is valued more for its land than its existing structure.
2. What type of renovation or work might this property need?
Given its age (104 years), ranking below most peers, buyers should budget for significant updates. This likely includes major systems (roof, wiring, plumbing, heating), foundational work, and general modernization throughout.
3. Is this a good option for a first-time homebuyer wanting a move-in ready home?
Probably not. The data suggests it is not a typical starter home. It is better suited for a buyer with renovation experience, a specific redevelopment plan, or an investor, rather than someone seeking a conventional, ready-to-live-in property.
4. How does the lot size impact future possibilities?
At 2,547 sqft, the lot is smaller than most in the area. This will influence any expansion or new build, as designs must comply with zoning bylaws regarding setbacks and lot coverage, potentially limiting the size of a replacement structure.
5. The last sale price range seems very low. What does this indicate?
The 2021 sale price aligns with the low assessment, confirming the market values this as a project property. It indicates the sale was likely between investors or to a buyer with very specific plans, rather than as a standard residential transaction.