Property Overview
This 1963 four-level split home at 117 Forest Park Drive in Winnipeg's Garden City neighbourhood presents a practical and comfortable living space. Its key appeal lies in being a solid, renovated baseline home within a well-established community. With 1,434 sqft of living space and an attached garage, it sits comfortably in the middle range for the city, offering a manageable size for many households. The renovated basement adds functional living area. Notably, its assessed value is below average for its specific street, which could indicate a value opportunity in a neighbourhood where it otherwise compares as average. The lot size, while smaller than others on Forest Park Drive, is still generous by wider city standards.
This home would suit first-time buyers seeking a move-in-ready property with some updates, downsizers looking for a manageable single-family home without excessive square footage, or value-focused investors attracted to its below-street-average assessment in a stable area. It’s for those who prioritize the character and maturity of a 1960s neighbourhood over a brand-new build.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is notably below the average for Forest Park Drive itself, ranking in the top 90% (meaning 90% of homes on the street have a higher assessment). However, it is around the average for the broader Garden City area and the city as a whole. This suggests it may present a relative value on its own street.
2. Is the living space considered large or small?
At 1,434 sqft, the living area is slightly above the city-wide average but below the average for both Garden City and, more significantly, for other homes on Forest Park Drive. It offers a comfortable, mid-size footprint that is manageable for maintenance.
3. What is the significance of the lot size?
The lot of 5,999 sqft is smaller than the average lot on Forest Park Drive but is close to the average for Garden City. It provides a decent outdoor space typical of the neighbourhood, though not among the largest on the street.
4. Based on recent sales, is the market for this home active?
The sale history shows activity in 2024 and 2016, indicating the property does transact. The 2024 sale price range shows a significant increase over the 2016 sale, consistent with broader market trends over that period.
5. What are the immediate neighbouring properties like?
The direct neighbours on Forest Park Drive are homes of a very similar vintage and style, suggesting a streetscape with consistent character. The proximity to Hartford Avenue also indicates the location is near a cross-street, potentially meaning slightly more traffic than a home in the middle of a long block.