Property Overview: 23 Verbena Street, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This 4-level split home, built in 1961, presents a practical and spacious option in Winnipeg's Garden City neighborhood. Its key strength is generous living space: at 1,599 sqft, it offers significantly more room than most comparable homes on its street and in the wider area. The home features an attached garage and a renovated basement, adding functional, modernized space. The lot size is also a notable asset, providing ample outdoor room relative to many city properties.
The appeal lies in its above-average interior and land space at a value-conscious point. The assessed value is consistent with area averages, suggesting a fair market entry point for the square footage offered. It would suit buyers looking for a family-sized home without a premium price tag, particularly those who value defined living areas over an open-concept layout and appreciate the potential of a leveled split design. The renovated basement is a major plus for those needing a rec room, home office, or secondary living space without undertaking a major project.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
Very favorably. At 1,599 sqft, this home is in the top 12% for size on Verbena Street and the top 14% within Garden City, meaning it offers more interior space than the vast majority of direct comparables.
2. Is the assessed value a reliable guide for the selling price?
The assessed value places the home around the middle of the pack for the area. It can be a useful benchmark, but the final sale price will be determined by current market conditions, the home's specific condition, and recent upgrades not fully reflected in the assessment.
3. What does a "renovated basement" typically mean in a home of this era?
While specifics should be verified, in a 1961 split-level, this often indicates updated finishes (like flooring and paint), improved lighting, and possibly a modernized bathroom or utility area. It’s a key feature that adds immediate livable space without the need for cosmetic work.
4. Are there any obvious concerns with a home built in 1961?
As with any home of this age, the condition of major systems (roof, wiring, plumbing, foundation) should be a priority during an inspection. The 4-level split design, while spacious, involves multiple staircases, which may not suit everyone long-term.
5. How does the lot size impact the property?
At over 6,000 sqft, the lot is larger than many in the city. This offers more privacy, yard space for recreation or gardening, and potential for future additions like a deck or shed, subject to local bylaws.