Property Overview: 48 Clonard Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home in Winnipeg's Glenwood neighborhood, built in 1946. With 652 sqft of living space, it is notably smaller than most homes in the city, placing it in the top 98% for compactness city-wide. Its assessed value, however, is quite moderate and aligns more closely with the averages for its immediate street and neighborhood. A key feature is the renovated basement, adding functional space, and the property includes a detached garage and a standard-sized lot.

The appeal lies in its efficiency and affordability. It represents a lower-entry point into the Winnipeg market, particularly for a stand-alone house with a private yard and garage. The renovated basement suggests some modern updates without the premium of a fully new build. This property would suit first-time buyers, downsizers looking to simplify, or investors seeking a manageable rental property. Its size demands a pragmatic approach to living, but for the right buyer, it offers the fundamentals of homeownership without excessive space or cost.

A less obvious perspective is its statistical positioning: while the house feels small compared to the whole city, it's much more typical for its specific local area. This indicates you're buying into a neighborhood with a mix of similarly scaled homes, not an outlier. The consistent assessed value over recent sales also suggests a stable, predictable market for this type of home.

Section 2: Frequently Asked Questions

1. Is the living space too small?
At 652 sqft above ground, the living area is compact. The renovated basement provides crucial additional space, but the overall footprint is best suited for individuals, couples, or those comfortable with efficient living.

2. How does the assessed value compare to likely selling price?
The assessed value is around $28,400, which is average for Glenwood. Recent sale history for this property shows prices in the mid-$20,000s to low-$30,000s range, suggesting the assessment is a fair benchmark, but market conditions will determine the final sale price.

3. What does the "top 98%" ranking for living area mean?
This means the home is smaller than 98% of comparable properties across Winnipeg. However, on its own street and in Glenwood, it's more typical, ranking in the top 90s (i.e., still smaller than most, but less exceptionally so in its immediate context).

4. What is the significance of the detached garage?
In a neighborhood of older homes, a detached garage is a valuable asset for vehicle protection, storage, or as a potential workshop space, adding practical utility that not all homes in this vintage may have.

5. Are there any obvious concerns with a home built in 1946?
While the basement has been renovated, a home of this age will likely have older core components (like plumbing, electrical, and the roof) that require careful inspection to understand their current condition and any needed updates.