Property Overview: 22 Daffodil Street, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Garden City offers a compelling blend of space, value, and established neighbourhood character. Its key appeal lies in its generous 1,514 sqft living area, which ranks well above average for both the street and the wider area, providing ample room for comfortable living. The home sits on a sizable 6,595 sqft lot, offering plenty of outdoor potential. A renovated basement and an attached garage add significant practical value.
The property’s standout feature is its elite assessed value ranking on its street and in Garden City, suggesting it is perceived as a high-value asset relative to its immediate peers. Built in 1958, it is a mature home that has likely seen updates, as indicated by the renovated basement. This home would particularly suit buyers looking for a spacious, single-level layout—ideal for downsizers or those seeking minimal stairs—as well as value-conscious purchasers who appreciate a home with strong fundamentals in a quiet, established community. It’s a property for someone who sees potential in solid bones and above-average space, rather than seeking brand-new construction.
Section 2: Frequently Asked Questions
1. What does the "elite" assessed value ranking actually mean?
It means the municipal property assessment for this home is in the top 3-5% compared to similar homes on its street and in Garden City. This typically reflects a combination of its larger living area, lot size, and renovations, suggesting it is officially valued higher than most comparable properties in the immediate area.
2. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal rental suite. Buyers should verify its compliance with local codes and zoning regulations if considering rental income potential.
3. How does the 1958 build year affect the home?
While older, the home ranks as one of the newer properties on its street. Buyers should expect character typical of the era and should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and electrical systems, which may have been updated over time.
4. The last recorded sale was in 2020. What might have changed since then?
The sold price range from 2020 (35.50k-38.50k) is notably lower than the current assessed value (44.30k). This significant increase could reflect substantial improvements made by the current owners, strong market appreciation in the area, or a combination of both. It underscores the importance of understanding what updates have been completed in the last five years.
5. What are the benefits of the lot size?
At nearly 6,600 sqft, the lot is larger than many in Winnipeg. This provides extra privacy, space for gardening, recreational areas like a deck or play structure, and potential for future additions like a shed or expanded parking, subject to local bylaws.