Property Overview
This 2018-built bi-level home at 74 Vivian Avenue offers modern construction in Winnipeg's Glenwood neighborhood. Its key appeal lies in being a relatively new build (ranking in the top 4% city-wide for year built), which suggests lower immediate maintenance and updated systems. The living space of 915 sq ft is average for the immediate area but compact compared to the wider city. A renovated basement adds functional space. The lot is modest at 2,500 sq ft, which means less yard upkeep. The home's assessed value is strong for its street and neighborhood, indicating it is viewed favorably within its local market context.
This property would suit first-time buyers or downsizers seeking a modern, low-maintenance home without the concerns of an older structure. It’s also a practical fit for those who prefer a smaller yard to manage. The data suggests it offers a balance of newer amenities in an established community, rather than maximizing square footage or land size.
Frequently Asked Questions
1. How does the property’s value compare to its neighbors?
The home’s assessed value ranks above average for both Vivian Avenue and the broader Glenwood area, suggesting it holds its value well in its immediate context despite the smaller lot size.
2. What are the trade-offs for having a newer home in this area?
The benefit of a 2018 build comes with a notably smaller lot compared to most homes in Glenwood and Winnipeg overall. You gain modern construction but less outdoor space than is typical.
3. Is the living space size a concern?
At 915 sq ft, it is slightly below the Glenwood average. However, the renovated basement provides additional finished space, making it efficient for individuals, couples, or small families.
4. What is the parking situation?
The listing specifies there is no garage. Buyers should consider on-street parking or the potential cost of adding a driveway or carport, subject to local regulations.
5. The sold price history shows a range. What sold for ~$27.5k–$30.5k in 2020?
Given the current assessed value is $34.8k, that 2020 sale likely refers to a vacant lot transaction or a different financial event prior to the home's construction. For the exact sale history of the current structure, you need to request the precise records from the provided service.