Property Overview: 35 Peony Avenue, Garden City, Winnipeg
Key Characteristics & Buyer Appeal
This one-storey bungalow at 35 Peony Avenue is a practical and well-situated home in Winnipeg's Garden City neighborhood. Built in 1960, its 1,050 sqft living area is modest for the immediate street and area, but it benefits from a renovated basement and sits on a standard 5,299 sqft lot. A key feature is the detached garage. The home's assessed value is consistent with local averages, suggesting it is fairly positioned within the market.
The appeal lies in its straightforward, manageable layout—ideal for those seeking single-level living or a starter home without a complex footprint. The renovated basement adds valuable finished space for a family room, home office, or guests. While the house itself isn't large, its lot size is quite typical for the city overall, offering decent outdoor space. This property would best suit first-time buyers, downsizers looking for minimal stairs, or practical investors seeking a home with recent updates (the basement) in an established neighborhood. It represents a grounded opportunity rather than a standout luxury purchase, appealing to those who value function and location over sheer size.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
The living area is somewhat smaller than the average home on Peony Avenue and in the Garden City area, but it is very close to the average size for the entire city. It's a compact, efficient layout.
2. What does the assessed value tell me about the property?
The assessed value is around the local and citywide average. This typically indicates the home is priced in line with its fundamental characteristics and market conditions, not as a premium or fixer-upper opportunity.
3. Is the lot size a pro or a con?
It depends on your priorities. The lot is below average for Garden City, meaning smaller yards than some neighbors. However, it is near the citywide median, representing a very typical residential lot that requires less maintenance than a larger one.
4. The home was sold in 2016. Can I find out the exact sale price?
The listing service provides an estimated sold price range from public data. They offer to disclose the exact historical sold price via a manual email request, which they aim to fulfill by the end of the same business day.
5. What are the less obvious considerations for a home like this?
Consider the benefits of a detached garage: it provides flexibility for a workshop or storage separate from the house, but also means dealing with winter snow clearance to and from the vehicle. Additionally, as a bungalow from 1960, while the basement is renovated, it would be prudent to inquire about the age and condition of major systems like the roof, plumbing, and electrical, which may be due for updates even if the living spaces are refreshed.