Property Overview: 35 Gilia Drive, Garden City, Winnipeg
Key Characteristics & Buyer Appeal
This one-storey home in Garden City presents a compelling mix of established value and modern updates. Its key feature is a recently renovated basement, adding functional living space to the 1,422 sqft footprint. The home sits on a manageable 4,999 sqft lot with a detached garage. Built in 1962, the property stands out for its strong assessed value, ranking in the top 4% on its own street and the top 13% in the wider Garden City area, indicating official recognition of its worth above many peers.
The appeal lies in its above-average living space for the immediate neighbourhood and its move-in-ready condition due to the basement renovation. It suits practical buyers looking for a solid, updated home in a mature area without extensive maintenance needs. A thoughtful perspective is the lot size: while smaller than the neighbourhood average, it offers lower upkeep—a potential benefit for downsizers or those seeking a simpler yard. The strong assessment history suggests a well-regarded property, but the smaller lot may appeal more to those prioritizing interior space and ease over expansive outdoor areas.
Frequently Asked Questions
1. How does the property’s value compare to recent sales?
The home sold previously in 2022 and 2020. The 2022 sale price range shows a significant increase over 2020, aligning with its current high assessed value relative to the area.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finishes, permits, and the nature of the renovation (e.g., recreational space, suite, additional bedrooms).
3. Is the smaller lot size a concern?
At 4,999 sqft, the lot is below the average for Garden City. This means less yard maintenance but also less private outdoor space. Its suitability depends entirely on the buyer’s lifestyle preferences.
4. What is the significance of the high assessed value ranking?
Ranking in the top 4% on the street and top 13% in Garden City for assessed value suggests the municipal assessment views this property as superior in value to most comparable homes, which can be a positive indicator of its standing and potential equity.
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed. The listing service offers to provide them manually via email upon request, with a commitment to respond promptly and not use contact details for unsolicited marketing.