Property Overview: 2 Arrowwood Drive S, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Garden City is a study in solid value and practical living. Built in 1959, its key characteristic is a recently renovated basement, adding modern livable space to the 1,050 sqft footprint. The detached garage and a land parcel of over 6,200 sqft offer practical utility and space. The home’s primary appeal lies in its strong assessed value relative to its immediate neighborhood and the broader Garden City area, indicating it is viewed as a well-maintained or improved property within its context. While the living area is modest compared to some neighbors, the renovated basement effectively expands the usable space.
This property would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established neighborhood. It’s also a pragmatic choice for value-focused buyers who appreciate a home that stands out positively in municipal assessment—often a sign of good updates or condition—compared to its direct peers. The lot size is a less obvious advantage, providing a generous outdoor space that is above average for the city, ideal for gardening, pets, or future expansion.
Section 2: Frequently Asked Questions
Q: How does the home’s size compare to others in the area?
A: The above-ground living area is somewhat smaller than the average home on its street and in Garden City. However, the renovated basement significantly adds to the total usable living space, which isn't always captured in the primary square footage metric.
Q: The assessed value seems high for the size. What does that indicate?
A: The assessment is notably above average for both the street and the Garden City area. This typically reflects factors like the basement renovation, overall condition, and improvements that the city’s assessor has recognized, suggesting the property is in good standing relative to its peers.
Q: What is the typical price history for this home?
A: Based on available data, the home sold in mid-2020 and again in late 2020. The sold price ranges show a meaningful increase between those two sales, indicating a quick turnaround, possibly after updates.
Q: Is the lot size a significant feature?
A: Yes. At over 6,200 sqft, the lot is above average for Winnipeg. This provides more private outdoor space than many city lots and is a valuable asset for privacy, recreation, or potential future uses.
Q: How can I find out the exact historical sold prices?
A: The exact sold prices are provided via email request to the listing service. They manually send the accurate figures, typically by the end of the same day, without using your email for unsolicited marketing.