23 Buttercup Avenue

Property Overview: 23 Buttercup Avenue, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home on Buttercup Avenue is a classic Garden City property built in 1960. It presents a straightforward, functional layout with 1,227 sqft of living space, an attached garage, and a full basement that has not been renovated. There is no pool.

The home’s primary appeal lies in its solid, average positioning within a stable neighbourhood. Its living space is typical for the street and area, meaning it fits right in without feeling cramped or excessive. A notable strength is the land area of just over 6,000 sqft, which is above average for both the street and the city, offering generous outdoor space for gardening, play, or future expansion. The assessed value is modest compared to many city-wide averages, suggesting a potentially accessible entry point into the Winnipeg market.

This property would suit practical buyers looking for a no-fuss, single-level home with a good-sized lot. It’s a candidate for those comfortable with a property that may require updates (as indicated by the unrenovated basement) but who value space and location over modern finishes. It could appeal to first-time homeowners, downsizers seeking minimal stairs, or investors interested in a land-value proposition in a well-established area.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is around average for Buttercup Avenue itself but falls below the average for the broader Garden City area. This suggests it may be priced accessibly within its immediate context while potentially offering value relative to the wider neighbourhood.

2. What does the "unrenovated basement" typically imply?
This usually indicates the basement retains its original finishes and systems. Buyers should budget for potential updates, but it also presents a blank canvas to finish according to personal needs without first removing someone else’s renovations.

3. Is the lot size a significant advantage?
Yes. The land area is above average, which is a less obvious but valuable asset. It provides more privacy, yard space, and future potential (like a shed, garden, or addition) than many comparable properties, both on the street and city-wide.

4. What can recent sold prices on the street tell me?
A nearby home sold in late 2017 for between $265k and $295k. While this gives a historical benchmark, current market conditions will determine today’s value. The data shows prices on this street have historically commanded a premium compared to area and city-wide averages.

5. Who might this property not suit?
Buyers seeking a move-in-ready home with contemporary open-concept layouts and recent renovations may find this property requires too much work. Similarly, those prioritizing a brand-new build or specific amenities like a pool would need to look elsewhere.