Property Overview: 75 Vivian Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home in Glenwood presents a practical opportunity centered on its generous lot. Built in 1945, the 744 sqft living space is compact and below the city average, but it sits on a 5,106 sqft lot that is significantly larger than most in the immediate area and on Vivian Avenue itself. The home features a renovated basement and an attached garage. Its assessed value is consistent with neighborhood norms.
The primary appeal lies in the land itself. The lot size offers valuable outdoor space and future potential in a city where larger parcels are becoming less common. This makes the property a solid candidate for buyers who prioritize yard space over interior square footage, such as gardeners, families wanting room for play, or long-term investors considering the land's redevelopment potential. It suits first-time buyers or downsizers looking for a manageable, single-level home in an established neighborhood, where the renovated basement adds functional living space. The value proposition is grounded in the land asset rather than the size of the house.
Frequently Asked Questions
1. Is the house in good condition?
The listing notes a renovated basement, which is a positive update. As the home was built in 1945, a professional inspection is recommended to evaluate the condition of major systems, the roof, and the main floor.
2. How does the lot size compare to nearby properties?
The land area of 5,106 sqft is a standout feature. It ranks in the top 13% on Vivian Avenue and the top 26% in the Glenwood area, meaning it is substantially larger than many neighboring lots.
3. What is the typical price for this home?
Based on public data, the home sold in February 2023 for an estimated range of $285,000 to $315,000. Its current assessed value is $312,000.
4. Who would this property suit best?
It's well-suited for buyers who value outdoor space and a manageable, single-level layout. It could appeal to first-time buyers, downsizers, or those who see value in the long-term potential of a larger lot in an established neighborhood.
5. How does the living space compare to other homes?
At 744 sqft, the living area is below the average for both Glenwood and Winnipeg overall. This indicates a compact floor plan, so the renovated basement is a key feature for adding functional space.