Property Overview: 126 Arrowwood Drive S, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1960, offers a well-proportioned living space of 1,674 sqft on a standard 6,047 sqft lot in the Garden City neighbourhood. Its key appeal lies in its above-average size and established character. The living area is notably spacious, ranking in the top 9% of homes on its own street and the top 12% within Garden City, offering more room than many comparable properties. It features a renovated basement and a detached garage.
The home’s value is grounded in its practical, family-friendly layout and its position in a mature, stable neighbourhood. It would suit buyers looking for a move-in-ready, character home with ample space without the premium of a brand-new build. It’s particularly appealing for those who prioritize interior square footage over a massive yard, and for buyers who appreciate a home that stands out in size within its immediate area, offering a sense of value and space relative to its peers. The recent sale in 2023 suggests a modernized transaction history, which can provide clearer market context for new buyers.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in the area?
Quite favorably. With 1,674 sqft of living area, this home is larger than approximately 91% of similar properties on Arrowwood Drive S and 88% of those in the wider Garden City area, making it a spacious option in its locale.
2. What is the significance of the 2023 sale price range?
The listed range of $34.50k to $37.50k from August 2023 provides a recent benchmark for the home’s market value. It’s important to note this is a public data range; obtaining the exact sale price from the listing provider can give a more precise figure for current valuation.
3. Is the assessed value a reliable indicator of the listing price?
The 2024 assessed value is $36.40k. While this is a key municipal valuation for tax purposes, market conditions, recent renovations, and buyer demand typically have a stronger influence on the final sale price. This assessment sits close to the 2023 sale price range, suggesting some alignment.
4. What are the pros and cons of a home built in 1960?
Pros include the potential for solid construction, mature landscaping, and established neighbourhood charm. Cons may involve older building materials, wiring, or plumbing that could require attention or updating, despite the renovated basement. A thorough inspection is always recommended.
5. How does the lot size impact this property?
At just over 6,000 sqft, the lot is average for the street and neighbourhood but ranks above average city-wide. This suggests a standard, manageable yard for the area—ideal for those not seeking extensive maintenance but who still want private outdoor space. It balances interior size with a traditional residential lot.