Property Overview: 23 Nolana Street, Garden City, Winnipeg
Key Characteristics & Appeal
This one-storey home in Garden City presents a practical and solid opportunity. Built in 1960, its 1,255 sqft living area and 6,267 sqft lot size are both notably above average for Nolana Street itself, suggesting a well-positioned property within its immediate neighbourhood. A key feature is the renovated basement, adding valuable finished space. The home includes a detached garage.
The appeal lies in its strong foundational metrics and established neighbourhood setting. The assessed value ranks significantly above average for both the street and Garden City, indicating the property is viewed favorably relative to its local peers. This isn't a flashy property, but one that offers solid space and a renovated element in a mature area. It would suit a first-time buyer looking for a move-in-ready home with some updates, or a downsizer seeking single-level living without sacrificing yard space. A thoughtful perspective is that while the home is average in age for the city, its above-average lot and living space on its own street offer a relative sense of privacy and room that might be harder to find in newer subdivisions.
Frequently Asked Questions
1. What does the "above average" assessed value ranking mean?
It means the municipal property assessment for this home is higher than most of its direct neighbours and area comparables. This often reflects updates (like the renovated basement), lot size, or overall condition, but it's not a direct indicator of market selling price.
2. Is the basement renovation a legal suite?
The listing states it is a renovated basement, but does not specify it as a legal secondary suite. Buyers should verify the permits and status with the city if considering rental income.
3. How does the sold price history from 2019 relate to today's value?
The 2019 sale price provides a historical benchmark, but market conditions have likely changed. It's most useful for understanding the property's price trajectory rather than determining its current market value.
4. What are the implications of a detached garage?
A detached garage offers flexibility and can reduce noise transfer to the house. However, it may be less convenient during Winnipeg winters compared to an attached garage.
5. You mention rankings for the street, area, and citywide. Which is most important?
The street-level ranking (Top 29% for living area, Top 8% for assessed value) is often the most telling, as it shows how the property compares to its closest comparables—the homes right around it—which directly influence value and neighbourhood character.