Property Overview: 153 Arrowwood Drive N, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Garden City is defined by its exceptionally large, private lot—over 10,600 square feet—which stands in the top 1-2% of properties in the local area and citywide. Built in 1961, the house itself is a manageable 1,292 sqft with a renovated basement and a detached garage. Its assessed value is notably above average for its immediate street and neighbourhood.
The primary appeal lies in the rare combination of a very spacious, suburban-style yard within the city, paired with a solid, updated foundation in a well-established community. It suits buyers who prioritize outdoor space for gardening, recreation, or future expansion over a large interior footprint. It’s an ideal match for downsizers seeking single-level living without sacrificing yard privacy, or for families looking for a starter home with unparalleled room to grow and play. A thoughtful perspective is that the above-average assessment for the area, coupled with the elite-sized lot, suggests a property with strong underlying asset value, even if the house may require modernization.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg properties?
The lot is approximately 10,605 sqft, which places it in the top 5% of all residential properties citywide. It is significantly larger than the Winnipeg average lot of about 6,570 sqft.
2. What is the significance of the "above average" assessed value for the street?
The home’s assessed value ranks in the top 16% on Arrowwood Drive N, indicating it is valued higher than most of its direct neighbours. This often reflects factors like the renovated basement, the premium lot size, or overall condition.
3. Is the 1961 build date a concern?
While the home is older, its build year is actually among the newest 5% on its street. For a neighbourhood of this vintage, it is a relatively newer build. Standard inspections for a home of this age are always recommended.
4. What are the practical implications of a detached garage?
A detached garage offers flexibility, potentially allowing for a workshop space separated from the house. It does mean dealing with the elements when going between your car and home, which is a consideration for our winters.
5. The last sale was in late 2020. How is that price relevant today?
The sold price from 2020 provides a historical benchmark, but market conditions have evolved. It is most useful for understanding the property’s price trajectory rather than determining its current market value.