Property Overview
65 Vivian Avenue is a one-and-a-half storey home in Winnipeg's Glenwood neighbourhood, built in 1945. Its key appeal lies in offering above-average space and value within its immediate area. The home features 1,147 sqft of living space, a renovated basement, and a detached garage, situated on a larger-than-average lot for the street (over 5,100 sqft). While its assessed value is modest compared to the city-wide average, it ranks in the top quarter for both size and value within Glenwood itself. This creates a compelling proposition for a specific buyer.
The home would suit a practical, value-oriented buyer—perhaps a first-time homeowner or an investor—who prioritizes more interior and yard space over a modern build date. Its strong standing on Vivian Avenue and in Glenwood suggests it's a solid, established property in its local context, rather than a standout in the broader city market. A thoughtful perspective is that this property represents the character and scale of its specific post-war community, offering a sense of space and roots that can be harder to find in newer subdivisions, albeit with the maintenance considerations of an 80-year-old home.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
City-wide, its assessed value is around the median. Its true value proposition is local: it ranks above average for both living area and lot size within the Glenwood neighbourhood, suggesting you get more space for your dollar here compared to nearby alternatives.
2. What should I know about a home built in 1945?
While the basement has been renovated, the core structure and major systems (like plumbing and electrical) are original or older. A thorough inspection is essential to understand the condition and potential future investments needed, which is typical for homes of this era.
3. The lot size is noted as "above average." What does that mean practically?
At over 5,100 sqft, the lot is larger than most on Vivian Avenue and in Glenwood. This offers more private outdoor space, better potential for gardening, landscaping, or additions, and possibly more distance from neighbours compared to typical lots in the area.
4. What is the significance of the "renovated basement"?
The listing confirms the basement is renovated but does not specify the extent or quality. It’s important to clarify if this is a full legal suite, a finished recreational space, or simply an updated area. This will affect the home's utility, value, and any potential for rental income.
5. How stable is the value in this area?
Recent sales data for similar homes on the same street shows stability. The home last sold in late 2020 within a narrow price band, and its assessed value remains consistent with higher-ranked homes on the block, indicating a stable micro-market without wild fluctuations.