Property Overview: 5 Nolana Street, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, well-situated one-storey home in Winnipeg's Garden City neighbourhood. Built in 1960, its 1,047 sqft living area is practical and its recently renovated basement adds valuable, modernized space. A key standout is the lot: at over 6,250 sqft, it is notably larger than many in the immediate area and city-wide, offering above-average outdoor potential. The home presents as a solid, middle-of-the-road property in terms of assessed value and living space when compared locally, suggesting it is priced in line with market fundamentals rather than at a premium.
Its primary appeal lies in this balance and potential. The renovated basement provides move-in-ready living space, while the generous lot could suit gardening, expansion, or simply more private outdoor living—a growing priority. It would suit first-time buyers seeking a manageable home with room to grow, or downsizers looking for a single-level layout without sacrificing yard space. It’s a property for those who see value in a established neighbourhood and the tangible asset of land, rather than in high-end finishes or square footage alone.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
The land area of 6,267 sqft is a significant feature. It ranks in the top 21% on its own street and top 26% city-wide, meaning you get more yard than is typical for many Winnipeg homes.
2. What is the neighbourhood like?
Garden City is a mature, established neighbourhood in northwest Winnipeg. It typically offers a mix of residential housing, local schools, and community amenities, known for its quieter, family-friendly streets.
3. Has the home been updated?
The listing confirms the basement has been renovated. For specifics on the scope, quality, or updates to other major systems (roof, wiring, plumbing), a professional home inspection is recommended.
4. What is the assessed value, and what does it mean?
The assessed value is $34,400. This is the value assigned by the municipal authority for taxation purposes and typically lags behind the current market. It is a useful benchmark, showing this home is assessed around the average for its area, but the final sale price is determined by the market.
5. Is there a garage?
Yes, the property includes a detached garage.