Property Overview

64 Morier Avenue is a modern, two-storey home in Winnipeg's Glenwood neighbourhood. Built in 2020, it offers 1,496 sqft of living space with a renovated basement. The property sits on a 2,941 sqft lot and does not include a garage or pool.

Key Characteristics & Appeal

This home’s primary appeal lies in its modern construction and above-average interior space for its immediate area. It ranks in the top 10% of homes on Morier Avenue for both living area and assessed value, meaning it offers more room and is valued higher than most of its direct neighbours. As a nearly new build (2020), it is also in the elite top 5% of homes in Glenwood by age, suggesting minimal immediate repair costs and contemporary building standards.

The renovated basement adds functional living space, a valuable asset in a market where many older homes have unfinished lower levels. However, the lot size is more compact than average for both the street and the wider city, which may limit extensive outdoor additions but also translates to less yard maintenance.

This property would suit first-time buyers or young families seeking a modern, move-in-ready home in a well-established neighbourhood without the risks or update costs of an older property. It’s also a practical fit for those who prioritize interior space and modern amenities over a large yard or garage.

Frequently Asked Questions

1. Why is the assessed value significantly different from the recent sold price?
Assessed values are set by the municipality for tax purposes and often lag behind current market conditions. The sold price reflects what a buyer was willing to pay in the open market at that time.

2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or inquiry with the listing agent is necessary to determine if it includes a legal suite, additional bedrooms, or a recreational space.

3. Are there any concerns with a newer home like this?
While newer homes typically have fewer major issues, it’s still wise to investigate the builder’s reputation, check for any remaining new home warranty coverage, and ensure all permits for the basement renovation were closed.

4. Where do residents park without a garage?
The property has no garage, so parking is limited to the driveway and/or on-street. It’s important to verify the driveway capacity and local street parking regulations, especially during winter.

5. How does the compact lot size affect future plans?
The lot is smaller than many in the city. This could restrict additions like a large deck, shed, or future home expansion. It’s advisable to review Winnipeg’s zoning bylaws for setback requirements and buildable area.