Property Overview: 109 Garden Road, Winnipeg
Key Characteristics & Appeal
This well-situated one-and-a-half storey home in Bruce Park offers a practical blend of classic charm and modern updates. Built in 1947, it sits on a roughly 5,400 sqft lot, providing generous outdoor space that is notably above average for its immediate street. The home itself features 1,255 sqft of living space, an attached garage, and a renovated basement—a significant functional upgrade. It recently sold for $360,000, which aligns with its assessed value and positions it as an above-average property on its street but within the typical range for the broader neighbourhood.
Its appeal lies in its established, quiet location and its move-in ready condition due to the basement renovation. The lot size is a standout feature for the area, offering more private outdoor space than many neighbouring properties. It would suit first-time buyers or downsizers looking for a manageable, updated home in a mature neighbourhood without the need for major immediate projects. A thoughtful perspective is that while the living area is average, the renovated basement effectively expands the usable space, offering flexibility for a home office, recreation, or additional storage.
Frequently Asked Questions
1. How does the age of the home affect its value and maintenance?
Built in 1947, the home is older than the Winnipeg average but is actually one of the newer homes on Garden Road. This suggests the character of the street is well-established. While older homes may require attention to original components like windows or plumbing, the renovated basement indicates proactive updates have been made.
2. Is the sale price fair compared to the neighbourhood?
The $360,000 sale price is above the average for Garden Road but around the average for the wider Bruce Park area. This premium likely reflects the home's renovated basement, attached garage, and larger-than-average lot for the street.
3. What is the significance of the lot size?
At over 5,300 sqft, the lot is larger than most on Garden Road and in Bruce Park. This is a key asset, providing more privacy, gardening space, and potential for outdoor enjoyment than is typical for the area.
4. What does "renovated basement" typically mean for a home of this era?
In a 1947 home, a renovated basement often means finished living space with updated flooring, drywall, and lighting. It’s crucial to clarify the scope of the renovation, including any updates to moisture proofing, insulation, or electrical systems, which are common concerns in older foundations.
5. Who are the most likely neighbours?
The immediate neighbours on Garden Road are likely owners of similar vintage, single-family homes. The consistency in assessed values and sale prices on the street points to a stable, residential area without extreme variations in property types or values.