Property Overview: 38 Richardson Avenue, Garden City, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Garden City offers a practical and solid foundation. Its key features include a renovated basement, a detached garage, and a generous 6,048 sqft lot. Built in 1959, the home is notably older than many in the city, but it stands out positively on its own street for its above-average living space (1,170 sqft) and assessed value.
The appeal lies in its established neighbourhood setting and its strong positioning relative to immediate neighbours. While it is average in many metrics for the broader Garden City area and citywide, it performs better within its specific local context on Richardson Avenue. This suggests a property that is a standout on its block, potentially offering more space and value than the houses directly around it. The renovated basement adds modern livable space, and the large lot provides room for gardening, play, or expansion.
This home would suit a first-time buyer or a downsizer looking for a manageable single-level layout in a mature neighbourhood. It’s also a sensible choice for a value-conscious buyer who recognizes the advantage of owning one of the better-proportioned and higher-assessed homes on a given street, which can be a point of stability and pride.
Frequently Asked Questions
1. How does this home really compare to others in the area?
While it’s around average for the larger Garden City neighbourhood, it ranks in the top 20% for living area and top 15% for assessed value specifically on Richardson Avenue. This means it likely offers more space and is valued higher than most of the homes on its own block.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent to understand if it’s a finished recreational space, includes a suite, or has updated utilities.
3. The home was built in 1959. Should I be concerned about major updates?
Its age is typical for Garden City. The renovated basement is a positive update. A thorough inspection is recommended to assess the condition of major aging components like the roof, plumbing, electrical, and foundation, which are common considerations for homes of this vintage.
4. Is the detached garage a standard size?
The listing notes a detached garage but does not give dimensions. Given the above-average lot size, there is likely adequate space for parking and storage, but verifying the garage’s size and condition is advisable.
5. How current is the assessed value, and what does it mean for property taxes?
The assessed value of $36,800 is a figure used by the municipal government for calculating property taxes. It is not the market value. Taxes will be based on this assessment and the City’s annual mill rate. It’s useful for comparing the city’s valuation of this property against neighbours.