Property Overview & Appeal
This well-maintained one-storey home in Garden City offers a practical and comfortable living space on a generous, mature lot. Its key appeal lies in its balance of established neighbourhood character and updated functionality. The home itself is a manageable size at 1,223 square feet, featuring a renovated basement that adds valuable finished space. With a detached garage and a land area of nearly 5,800 square feet, it provides classic Winnipeg room for parking, storage, and outdoor activities.
The data suggests a property that has been cared for, standing out on its street for its relatively newer build year (1956) and a high assessed value ranking among immediate neighbours. It would suit first-time buyers looking for a move-in-ready home without a massive footprint, or downsizers seeking single-level living with a low-maintenance exterior and a finished basement for family visits or hobbies. A thoughtful perspective is that while the home ranks well within its immediate circle, it sits in a more average position across the wider Winnipeg market, indicating it represents solid value within a specific, sought-after local context rather than being an outlier city-wide.
Frequently Asked Questions
1. How does the renovated basement add value?
Beyond extra living space, a professionally renovated basement in a home of this era often addresses foundational updates like insulation, moisture control, and electrical systems, providing modern comfort and potentially lowering future maintenance costs.
2. Is the lot size typical for the area?
At 5,789 sqft, the lot is above average for its street (top 44%) and neighbourhood, offering more private outdoor space than many comparable properties. This is a key differentiator for gardening, play areas, or future additions.
3. What does the "assessed value" ranking indicate?
The assessed value is in the top 6% on its street and top 26% in the neighbourhood. This typically reflects municipal recognition of the home's condition, improvements, and lot value relative to nearby properties, which can be a positive indicator for its standing in the local market.
4. What is the significance of the building type being "ONE STOREY"?
This indicates bungalow-style living, with all primary rooms on one level. This is a major appeal for accessibility, ease of movement, and often simpler maintenance, contrasting with multi-level homes in the area.
5. How does this home compare to others with similar assessed values?
The listing shows comparable assessed values can be found in various neighbourhoods across Winnipeg. This highlights that value is closely tied to specific locations; here, you are purchasing into the established Garden City community with its amenities and character, not just square footage.