55 Tanoak Park Drive

Property Overview: 55 Tanoak Park Drive, Garden City, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 1969, offers a compelling blend of space and location. With 2,240 sqft of living area, it provides above-average roominess for Winnipeg and is particularly spacious within the Garden City neighborhood. The home sits on a 6,610 sqft lot, which is generous for the city and offers good outdoor potential. It features an attached garage and a basement, though the basement is noted as not being renovated.

The appeal lies in its established neighborhood setting and its practical size. The data presents an interesting perspective: while the home's assessed value is below average for its immediate street, it ranks well above average for Garden City as a whole. This suggests it may offer relative value within a desirable area. The home would suit buyers looking for a solid, spacious family home in a mature neighborhood without requiring the premium often attached to fully updated properties. It’s a practical choice for those who value interior space and a good-sized yard, and who may see potential in a home that isn't at the top of its street's price range.

Frequently Asked Questions

1. What does the assessed value ranking mean for this property?
The home’s assessed value is below average compared to its direct neighbors on Tanoak Park Drive, but ranks in the top 10% for the broader Garden City area. This indicates it may be priced more accessibly than similar-sized homes on the street, while still holding strong value within the community.

2. Is the basement finished?
No, the listing specifically notes the basement is "not renovated." Buyers should budget for potential finishing or updates if they intend to use this space as living area.

3. How does the lot size compare?
At 6,610 sqft, the lot is above average for both Garden City and Winnipeg overall. However, it is below the average lot size for properties directly on Tanoak Park Drive, where lots tend to be larger.

4. When was it last sold, and for approximately how much?
According to available data, the property was sold in September 2022 for an estimated range of $46.50k to $49.50k. For an exact historical sold price, you can request the information directly via the website.

5. What is the home’s condition relative to its age?
Built in 1969, the home is of an age common to its neighborhood. Its year of construction ranks as "Elite" for Garden City (top 5%), meaning it is newer than most homes in the area, but it is around average when compared to the city as a whole. A professional inspection is recommended to determine the specific condition of major systems and the roof.