Property Overview
This one-storey home at 46 Laurel Bay in Winnipeg's Garden City neighborhood presents a practical and value-oriented opportunity. Its key appeal lies in its renovated basement and a lot size that is above average for the city, offering space and modernized living areas. The home is smaller than most on its street but aligns with the average size for the wider area. Built in 1969, it is notably newer than many homes in Garden City. The assessed value is modest, especially compared to neighboring properties, which may indicate a lower property tax burden relative to nearby homes.
It would suit first-time buyers seeking an entry point into a stable neighborhood, downsizers looking for a manageable single-level layout with a finished basement for extra space, or value-focused investors. The property offers a chance to own a home with recent updates on a good-sized lot, without the premium price tag of the street's larger homes.
Frequently Asked Questions
1. How does the home's size compare to the neighborhood?
The living area is 1,160 sqft, which is below the average for Laurel Bay itself but is very close to the average size for both the broader Garden City area and Winnipeg as a whole.
2. What does the "below average" assessed value mean?
The home's assessed value is in the bottom tier on its own street (ranked 39 out of 41), suggesting it is valued lower than most direct neighbors. However, it is around the average for Garden City. This could point to a relatively lower property tax assessment compared to other houses on the block.
3. Is the lot a good size?
Yes. The 6,040 sqft lot is above average compared to all properties in Winnipeg, offering more outdoor space than many city lots.
4. What is the significance of the year built?
Built in 1969, this home is newer than approximately 95% of comparable properties in Garden City, which may be appealing for those preferring a home from a later construction era.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed. You can request this information by email via the button on the listing page. The service is manual, with a aim to reply by the end of the same day, and your email will not be used for unsolicited marketing.