Property Overview
This 972 sqft condo at 1-645 Kingsbury Avenue in Winnipeg's Garden City neighborhood presents a practical and well-maintained living option. Built in 2016, it is a relatively modern unit with a renovated basement. The appeal lies in its balance of contemporary construction within an established area, offering a move-in-ready home with less concern for major immediate repairs common in older properties. Its assessed value consistently ranks above average for its immediate area, Garden City, and the wider city, suggesting it is a solid asset within its market segment.
It would suit first-time buyers seeking a modern, low-maintenance home, or downsizers looking for a comfortable, updated space without the upkeep of a detached house. The data indicates it offers more value and newer construction than many comparable homes in Garden City, making it a strong contender for a buyer prioritizing condition and investment potential over maximum square footage.
Key Details & FAQs
What are the key characteristics and who is this home for?
This is a modern, basement-level condo with nearly 1,000 square feet of living space. Its primary strengths are its 2016 build date—newer than most homes in Garden City and Winnipeg overall—and its above-average assessed value for the area. The renovated basement adds functional space. The unit doesn't have standout size but offers a combination of recent construction and solid valuation that appeals to pragmatic buyers. It’s ideal for someone who values a newer building envelope and systems, potentially lower maintenance costs, and a property that holds its value well relative to its neighbors, rather than someone seeking the largest possible floor plan.
Frequently Asked Questions
1. How does this condo compare in size to others?
At 972 sqft, the living area is close to the average for similar homes on its street and city-wide. Within the Garden City area specifically, it is notably above the average size for comparable properties.
2. What does the "above average" assessed value mean?
The assessed value of $32,600 ranks in the top 16% on its street and top 7% in Garden City. This indicates the municipal assessment—a key factor for property taxes and resale value—is consistently higher than that of most direct peers, which can be a sign of good relative value or desirability.
3. Is the sold price history available?
Exact sold prices are not publicly displayed. Available data shows a sale occurred in August 2016, with a price range estimated from public records. The precise figure can be requested directly from the listing source.
4. What is the significance of the 2016 build year?
Built just 10 years ago, this unit is significantly newer than the average home in both Garden City (avg. ~1984) and Winnipeg overall (avg. ~1990). This often translates to modern building materials, efficient systems, and potentially fewer major renovations in the near term.
5. Are there similar units in the building?
The listing shows several nearby properties with the same street number but different unit numbers (e.g., 2-645, 3-645), suggesting this is part of a condo complex or multi-unit building, which is typical for this style of property.