Property Overview: 47 Tanoak Park Drive, Garden City, Winnipeg
Key Characteristics & Appeal
This one-storey bungalow at 47 Tanoak Park Drive is a study in contrasts, offering a unique value proposition within its Garden City neighborhood. Its key characteristic is a generous, above-average lot size of over 8,100 sqft, placing it in the top 5% of the area—a significant asset for buyers seeking outdoor space, gardening potential, or future expansion. The home itself is more modest, with 1,401 sqft of living space that is actually the smallest on its specific street but aligns closely with the Winnipeg citywide average. It features a renovated basement and an attached garage.
The appeal lies in this balance. The property presents an opportunity to own a substantial piece of land in a well-established neighborhood for what appears to be a relatively accessible price point, as suggested by its assessed value. It suits practical buyers who prioritize land over sheer interior square footage, such as young families looking for room to grow and play, downsizers wanting a manageable single-level layout with a large yard, or value-oriented investors attracted by the below-average assessment on the street. A thoughtful perspective is that while the home may require updates (reflected in its 1967 build date being among the oldest on the block), the premium lot offers a long-term advantage that interior finishes do not.
Frequently Asked Questions
1. Is the lot size a true advantage?
Yes. At 8,138 sqft, the lot is significantly larger than the average for both Garden City and Winnipeg overall. This allows for more privacy, landscaping possibilities, and is a feature that cannot be easily replicated or added to a property.
2. Why is the living area ranked so low for the street?
The data shows this home has the smallest living area on Tanoak Park Drive, where homes are generally larger. This indicates the street consists of spacious bungalows or two-storeys, making this a more entry-level option on the block.
3. What does the assessed value tell me?
The assessed value is below the average for the immediate street but above average for Garden City. This often suggests the property may offer better value relative to its neighborhood, but the structure itself may be valued lower due to size, condition, or features compared to its direct neighbors.
4. Is a renovated basement included?
Yes, the listing confirms the basement has been renovated. Prospective buyers should inquire about the scope, permits, and finish quality of this renovation.
5. How can I find out the exact historical sale price?
The listed sale price ranges are estimates from public data. The site provides a service to request the exact sale price history via email, with a manual process that aims to reply by the end of the same business day.