Property Overview: 112 Vivian Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1947, presents a practical opportunity in the Glenwood neighbourhood. Its key appeal lies in its above-average living space (1,219 sq ft) for the immediate area and street, offering more room than many comparable local homes. The basement has been renovated, adding functional space. While the lot size is modest citywide, it is typical for Vivian Avenue and Glenwood.
The home suits first-time buyers or practical investors looking for a character home with updated fundamentals in a stable, established neighbourhood. Its assessed value is squarely average for its immediate surroundings, suggesting a fairly priced entry point into the market. A thoughtful perspective is that this property represents a "middle-of-the-road" option on its street—not the largest or newest, but also not the smallest or most dated. This can offer a balance of affordability and space for those prioritizing location within Glenwood. The sales history indicates steady, incremental value growth, appealing to those seeking a straightforward, lower-volatility property.
Section 2: Frequently Asked Questions
1. How does this home's size really compare?
While the living area is above average for Vivian Avenue and Glenwood, it is close to the citywide average. You're getting a relatively spacious home for the specific neighbourhood.
2. What does the assessed value tell me?
The assessed value (~$28.9k) is typical for this street and area, but below the Winnipeg city average. This primarily reflects the home's age, style, and location, not necessarily condition, and indicates a more affordable price point within the city.
3. Is the lot size a limitation?
At 3,850 sq ft, the lot is standard for the area. It provides adequate outdoor space for a garden or patio without the high maintenance of a much larger yard, which can be a benefit for many buyers.
4. What can the sales history data indicate?
The home sold in 2017 and again in 2021, each time at a price point that was average or slightly below average for the city but typical for the area. This pattern suggests consistent, market-aligned value without extreme fluctuations.
5. Who are the most logical neighbours to compare it to?
The most relevant comparisons are other homes on Vivian Avenue and in Glenwood, where its metrics (size, value, lot) are consistently around the neighbourhood average. Citywide comparisons are less indicative of its local market position.