Property Overview: 44 Vivian Avenue, Glenwood, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, compact two-storey home built in 1921, offering a practical footprint of just over 1,000 square feet. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its position as a solid, no-frills entry point into the established Glenwood neighborhood. It represents a home where value is found in function and location rather than size or modern luxury.
Statistically, the property is very typical for its immediate street and area in terms of living space and assessed value, but it sits on a smaller lot. This context is important: it’s a home for someone who prioritizes the neighborhood character and a manageable scale over a large yard or expansive square footage. Its recent sale history suggests a steady, modest appreciation.
This property would best suit a first-time homebuyer, a downsizer, or an investor looking for a straightforward, low-maintenance rental. It’s for a pragmatic buyer who understands they are purchasing a character home of its era—one that offers a renovated basement for extra living space but may require ongoing updates consistent with its age. The appeal is grounded in reality: a chance to own a home in a mature area without a premium price tag.
Section 2: Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value (listed as $26,800) is for municipal tax purposes. Market value is determined by what buyers are currently willing to pay, which recent sales data suggests would be higher.
2. What does the "below average" ranking for lot size mean for me?
The lot is smaller than most in Glenwood (2,500 sq. ft. vs. an area average of 4,466 sq. ft.). This means lower maintenance and potentially lower landscaping costs, but less private outdoor space. It’s a trade-off that contributes to the home’s affordability.
3. The home is over 100 years old. What should I budget for?
While the basement is renovated, a home of this age requires a proactive maintenance fund. Key considerations include the age and condition of the roof, windows, plumbing, and electrical systems. A thorough inspection is essential.
4. How does this home compare to others on Vivian Avenue?
It’s very average for the street in terms of size and value, but it’s one of the older homes and sits on one of the smaller lots. This suggests it fits the street's profile while being a more affordable option within it.
5. The data shows a wide range in recent sold prices. Why is that?
The ranges shown (e.g., $28.5k–$31.5k in 2023) are estimates based on public data. The exact sale price is often not publicly disclosed in Manitoba. The trend, however, indicates a clear increase from its 2016 sale, showing market growth.