Property Overview
112 Clonard Avenue is a compact, one-storey home in Winnipeg's Glenwood neighbourhood. Built in 1949, its primary appeal lies in its efficient scale and a lot size that is generous for its setting. The home features a renovated basement and a detached garage. Its assessed value is consistent with the local area, presenting a straightforward entry point into the market.
Key Characteristics & Ideal Buyer
This property is defined by its practical proportions. With 736 sqft of living space, it is smaller than most homes in Glenwood, but it sits on a 5,097 sqft lot that is larger than many on its street. This creates a notable balance: the home itself is manageable and cost-effective to maintain, while the yard offers valuable outdoor space and potential. The recently renovated basement adds functional living area. Its appeal is grounded in affordability and practicality, not grandeur.
It would suit first-time buyers or downsizers seeking a low-maintenance footprint without sacrificing yard space. It’s also a sensible option for an investor looking for a stable, rental-ready property in an established neighbourhood. A thoughtful perspective is that this home represents a "land-value" opportunity in miniature—the lot is a standout feature for the street, offering future flexibility whether for gardening, expansion, or simply enjoying more open space than the neighbours.
Frequently Asked Questions
1. Is the house in good condition?
The listing notes a renovated basement, suggesting updates have been made. As with any home built in 1949, a professional inspection is essential to evaluate the condition of major systems, the foundation, and the roof.
2. How does the price compare to recent sales?
Based on available data, the home sold in early 2024 for a price that was competitive for the street and area. Its assessed value remains closely aligned with neighbourhood averages.
3. What is the Glenwood neighbourhood like?
Glenwood is a mature, established residential area. The property rankings show homes here typically have moderate lot sizes and values, indicating a stable, middle-of-the-road community character.
4. Is there room to expand the living space?
The larger-than-average lot for the street provides a clear advantage for potential future additions, subject to local zoning bylaws and permits. The existing small footprint of the house makes expansion a logical consideration.
5. What are the ongoing costs like?
With a below-average assessed value for the city and a modest-sized home, property taxes and utility costs would likely be relatively manageable compared to larger, higher-value homes in Winnipeg.