Property Overview
This single-storey home at 50 Woodcrest Drive in Winnipeg's Garden City neighbourhood presents a solid, well-sized family home with a renovated basement. Built in 1963, it sits on a 5,500 sqft lot and offers a generous 1,695 sqft of living space. Key features include the absence of a garage or pool. The home's assessed value is $37.7k, and it last sold in April 2019 for an estimated $26.5k–$29.5k.
Section 1: Key Characteristics & Appeal
The primary appeal of this property lies in its above-average living space. At nearly 1,700 sqft, it ranks within the top 7% of homes on its street and the top 12% in Garden City for size, offering more room than many comparable bungalows. The inclusion of a renovated basement adds valuable finished space. Its assessed value is also strong for the immediate area, ranking above average on the street and in the neighbourhood.
This home would suit buyers looking for a spacious, no-fuss bungalow in an established community. It’s ideal for those who prioritize interior square footage over a large yard or garage, and for whom a renovated basement is a key bonus. The data suggests it’s a home that stands out on its block for being roomier and in a higher value bracket than many of its direct neighbours, making it a practical choice for growing families or those needing single-level living with ample space.
A less obvious perspective is the trade-off: while the living area is notably large for the locale, the lot size is below average for Garden City. This positions the property as one where the value has been prioritized in the home's footprint and updates (like the basement) rather than in outdoor space.
Section 2: Frequently Asked Questions
1. Why is the assessed value ($37.7k) so different from the last sold price (est. $26.5k–$29.5k)?
Assessed value is for municipal tax purposes and may not reflect current market value. The last sale was in 2019; market conditions and property values have likely changed since then.
2. What does "above average" for Year Built mean for a 1963 home?
It means that on Woodcrest Drive and in Garden City, many homes are older. This home is actually newer than most in its immediate comparison groups, which is a relative positive for its age.
3. Is the lack of a garage a significant drawback?
This depends on the buyer. For the street and area, it's not uncommon. Buyers should factor in the cost and feasibility of adding a garage or using on-street parking, as the lot size is already below neighbourhood average.
4. How reliable are the "rank" and "top %" figures?
They are based on comparisons with specific groups of "comparable homes" in the listed geography (street, area, city). They are useful for understanding how this home stacks up against similar properties in different scopes.
5. Where can I find the exact historical sold price?
The provider notes that exact sold prices are obtained manually from their data. You can request the precise figure by emailing them directly through the link provided on the detail page.