Property Overview
This single-storey home at 27 Woodcrest Drive in Winnipeg's Garden City neighborhood presents a straightforward, entry-level opportunity. Built in 1963, its key characteristics include 1,124 sqft of living space, an unrenovated basement, no garage, and a 5,500 sqft lot. The home's assessed value of $300k is notably below average for both the immediate street and the wider city, indicating a potentially accessible price point.
Its appeal lies in its simplicity and location within a stable, established community. It suits first-time buyers or practical investors looking for a lower barrier to entry into the Winnipeg market, who are comfortable with a home that may require updates over time. A thoughtful perspective is that while the living space is modest, the lot size is fairly typical for the area, offering standard outdoor space. Additionally, its age places it among the older homes on its specific street, which could mean more original character or, conversely, more attention needed to core systems.
Frequently Asked Questions
1. Is this a "fixer-upper"?
The listing notes the basement is "not renovated," suggesting the home is likely in original or dated condition. Buyers should budget for modernizations and be prepared for potential updates to major systems, consistent with a home from the 1960s.
2. Why is the assessed value so much lower than other homes?
The $300k assessment is below average for the street, neighborhood, and city. This typically reflects the home's smaller size, lack of renovations, and absence of features like a garage compared to peers, which is factored into the municipal valuation.
3. What are the implications of not having a garage?
This means parking will be limited to the driveway and street. For Winnipeg winters, this is a significant practical consideration for vehicle maintenance and daily convenience. It may also limit storage space.
4. How does the living space compare to other homes?
At 1,124 sqft, it is smaller than the average home on Woodcrest Drive and slightly below the averages for Garden City and Winnipeg overall. It is a compact, single-level layout.
5. Is the lot a good size?
The 5,500 sqft lot is around the city average. On Woodcrest Drive, it's typical, but within the broader Garden City area, it is considered below average, meaning some neighboring properties may have larger yards.