Property Overview: 17 Mccurdy Street, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Garden City presents a compelling mix of value and potential. Its key characteristic is a significant lot size of over 6,800 sqft, which is notably larger than most comparable properties on its street, in the neighbourhood, and across Winnipeg. This generous outdoor space is a standout feature for gardening, expansion, or simply enjoying private greenspace. The home itself, built in 1958, is more modest in living area (1,032 sqft) but benefits from a renovated basement. It includes a detached garage.
The appeal lies in its value proposition. The assessed value is strong for its immediate area, ranking well above average on Mccurdy Street and in Garden City. This suggests the property is viewed favorably relative to its neighbours, likely due to the lot size and updates. It would suit first-time buyers or practical downsizers looking for a solid entry into the market with room to grow outdoors, or value-focused investors attracted by the below-average living area paired with an above-average lot—a combination that can signal redevelopment potential or simply a better cost-per-square-foot of land.
A less obvious perspective is that while the home's size is below city averages, its lot size and assessed value rankings tell a different story of underlying asset strength. It’s a property where the land may be the primary driver of value, offering a different kind of equity compared to a larger home on a standard lot.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 1,032 sqft, the living area is below average for Winnipeg. However, the renovated basement adds functional space, and the property’s overall value is bolstered by its very large lot, which is a premium feature not reflected in square footage alone.
2. Why is the assessed value relatively high for a smaller home?
The assessed value ranks well above average for the street and neighbourhood. This is likely due to the combination of the extensive lot size (a key factor in valuation), the renovated basement, and the home’s overall condition relative to immediate comparables.
3. What can I do with such a large lot?
The 6,817 sqft lot offers significant flexibility. Beyond gardening and recreation, it provides ample room for future additions like a shed, deck, or even an extension. For the long term, the lot size may also appeal to those considering redevelopment, subject to local zoning.
4. How does the age of the home (1958) affect things?
Built in 1958, the home is older than many in Garden City. This means potential buyers should budget for age-related maintenance. However, the data shows it is one of the newer homes on its specific street, and major systems like the basement have already been renovated.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. To obtain the exact sale price from July 2020, you can use the email request feature provided on the listing page. The service is manual but straightforward, with a commitment to reply by the end of the same business day without using your email for marketing.