27 Forest Park Drive

Property Overview: 27 Forest Park Drive, Garden City, Winnipeg

Key Characteristics & Appeal

This two-storey home on a spacious 7,205 sqft lot presents a solid, above-average offering in the Garden City neighborhood. Its primary appeal lies in its generous proportions and established location. With 2,094 sqft of living space, it ranks in the top 5% of homes in Garden City for size, offering more room than most in the area. The home features a renovated basement and a detached garage.

The data suggests it’s a property that stands out locally more than city-wide. While its assessed value is above average for its street and neighborhood, it sits around the city-wide median, which could indicate relative value within a desirable community. Built in 1962, it is typical for the area and appeals to those who appreciate the character and larger lot sizes of that era. This home would suit a buyer looking for established community roots, more interior space than the neighborhood norm, and the flexibility that comes with a renovated basement and a sizable, private yard. It’s a practical choice for families or those needing room to grow, who value space over a brand-new build.

Frequently Asked Questions

1. How does this home truly compare in its immediate area?
It ranks consistently above average on Forest Park Drive for living space and assessed value, indicating it's one of the larger and more valuable homes on this specific street.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or listing agent, as it could range from cosmetic updates to a fully developed living space.

3. The sold price history shows a range from 2016. What is the exact figure and are there more recent sales?
The exact historical sold price is not publicly displayed. The site offers to provide the precise figure via email. Furthermore, checking with a local real estate agent for the most current comparable sales (comps) in the last 6-12 months is essential for understanding today's market value.

4. Is the assessed value a reliable indicator of the listing or sale price?
Not directly. The assessed value (42.50k) is for municipal tax purposes. The note that comparable homes city-wide in its assessment bracket average about 390k is a more relevant market comparison, but the actual sale price is determined by current market conditions.

5. What are the potential considerations for a home built in 1962?
While the structure is typical for the area, a pre-purchase home inspection is crucial. This age of home may have original components, like plumbing, electrical, or the roof, that are nearing or beyond their typical lifespan and should be evaluated.