Property Overview: 31 Vivian Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2019, stands out for its modern foundation in the established Glenwood neighbourhood. Its primary appeal lies in its above-average size and contemporary build, contrasted with a more traditional lot size.
The home’s key characteristic is its generous 1,592 sqft of living space, which ranks within the top 3% of homes on Vivian Avenue and the top 5% within Glenwood. This is complemented by a renovated basement, adding functional space. While the home itself is spacious and modern, the 2,558 sqft lot is more compact compared to area averages, suggesting a low-maintenance yard ideal for those prioritizing indoor living space over extensive landscaping.
This property would best suit buyers looking for a move-in ready, modern home without the typical concerns of an older property. It’s an ideal fit for professionals, small families, or downsizers who want the space of a larger house but prefer a newer build with updated systems and less immediate upkeep. The strong assessed value, ranking in the top 5% for the street and neighbourhood, indicates a premium, well-regarded property in its immediate context.
A less obvious perspective is the value of its "newness" within a mature area. You benefit from modern construction standards and energy efficiency, while still integrating into a neighbourhood with established trees and character—a balance that can be hard to find.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
The lot is smaller than the average for both Glenwood and Winnipeg overall. This translates to less yard maintenance, which many buyers see as a benefit. However, it may limit potential for large additions or extensive outdoor living spaces like decks or pools.
2. Why is the assessed value so high compared to older homes on the street?
The assessed value of $546,000 reflects the home’s modern construction (2019), significant living area, and renovated basement. It is evaluated as a premium, contemporary property compared to the neighbourhood's older housing stock, hence its elite ranking locally.
3. What does the sold price history indicate?
The home has sold twice in recent years (2020 and 2024), with the latest sale price range indicating significant appreciation. This suggests strong market demand for modern, spacious homes in this area, even on compact lots.
4. Is there a garage?
No, the property listing specifies there is no garage. Buyers would need to consider on-street parking or the potential cost of adding a garage, subject to lot size and bylaws.
5. How does this home compare city-wide?
While elite in its neighbourhood for size, value, and newness, its living space is above average (top 26%) city-wide. The most striking city-wide comparison is the lot size, which is in the bottom 6% for Winnipeg, highlighting the urban, low-maintenance nature of the property.