Property Overview: 100 Lincrest Road, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Lincrest Road is a classic Garden City property built in 1961. With 1,100 sqft of living space and a recently renovated basement, it offers functional, single-level living. A key standout is its lot size of nearly 6,000 sqft, which is notably larger than many others on the same street, providing valuable outdoor space and potential. The home features a detached garage.
Its appeal lies in its position as a solid, no-frills property in a well-established neighbourhood. The renovated basement adds modern livability to the mid-century structure, while the above-average lot offers room for gardening, play, or future expansion. Comparative data shows its assessed value and living area are consistently around the average for its local area and city-wide, suggesting it’s a fairly priced, typical home for the market.
This property would best suit first-time buyers, downsizers looking for single-level convenience, or practical investors seeking a straightforward rental property. It’s for those who value space over grandeur, appreciating the potential of a larger lot and updated essentials without the premium of a newly built home.
Section 2: Frequently Asked Questions
1. How does the lot size compare to neighbouring properties?
The land area of 5,999 sqft is above average for Lincrest Road, ranking in the top 28% on the street. This means you’re getting more yard space than most direct neighbours.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the quality of finishes, the status of plumbing/electrical work, and whether it includes a legal secondary suite.
3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $34.40k is for taxation purposes. The last known sold price range was $265k-$295k in 2019. Market conditions have shifted since then, so current value should be determined by a comparative market analysis with a local agent.
4. What are the implications of the home’s living area being below average for the street?
At 1,100 sqft, the living area is smaller than the street average (~1,302 sqft). This suggests the home may feel cozy compared to neighbours, but it can also mean lower heating costs and less maintenance. The renovated basement effectively adds to the usable space.
5. The home is 65 years old. What should I be mindful of?
While systems like the basement may be updated, the core structure is from 1961. An inspection should focus on the roof, foundation, original plumbing and wiring, and insulation standards to anticipate any major upkeep.