Property Overview: 3-649 Kingsbury Avenue, Garden City, Winnipeg
Key Characteristics & Appeal
This is a 972 sqft condo unit in a well-established Garden City neighbourhood. Built in 2016, it is a relatively modern property that requires no major updates, though the basement is noted as unrenovated. Its appeal lies in its solid, middle-of-the-road positioning. The numbers tell a consistent story: for its size, assessed value, and age, it consistently ranks above average for the broader Garden City area and citywide, while being squarely average for its immediate street. This suggests you’re getting a property that holds its own in the wider market without a premium for a specific location on Kingsbury Avenue.
It would suit a practical, value-conscious buyer—perhaps a first-time homeowner or an investor—who prioritizes a modern building year and a sound investment footprint over a flashy or fully finished property. The unrenovated basement presents a straightforward opportunity for future customization or added value, rather than a pressing repair. It’s a home for someone who sees reliable, data-backed fundamentals.
Frequently Asked Questions
1. What does the "above average" ranking for Garden City actually mean?
It means that compared to similar properties throughout the entire Garden City neighbourhood, this unit’s assessed value and modern build year perform better than most. It’s a stronger performer in its wider community context than on its own street.
2. The basement is listed as "not renovated." What condition should I expect?
You should expect a functional, unfinished space. It’s likely a blank canvas with basic walls, flooring, and utilities, ready for future development to suit your needs, rather than a damaged or decrepit area.
3. How reliable are the past sold price ranges shown?
The ranges are based on publicly available data. For the exact historical sold prices, you must request them directly via the provided email service. This is a common practice to ensure data accuracy and compliance.
4. The assessed value seems low. Is this accurate?
The assessed value of $29,800 is for municipal tax purposes. It is consistently above average for both Garden City and Winnipeg overall, indicating the city recognizes its relative worth. Market sale price is determined by current buyers and can differ.
5. Who are the "comparable homes" in these rankings?
They are properties with similar characteristics used for benchmarking. The analysis compares this unit to others on Kingsbury Avenue, then to similar properties across Garden City, and finally to similar properties citywide, giving you three clear levels of market context.