63 Laurel Bay

Property Overview: 63 Laurel Bay, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey bungalow in Garden City is a practical and comfortable home built in 1967. Its key features include a renovated basement, an attached garage, and a private backyard with a pool. With 1,170 sqft of living space on a 5,984 sqft lot, the home offers a manageable size for easy upkeep.

The appeal lies in its move-in-ready condition with recent updates, combined with the established, quiet feel of the Laurel Bay street. The in-ground pool is a standout amenity for summer enjoyment without leaving home. From an investment perspective, the home’s assessed value is notably above average for the Garden City area, suggesting it is well-maintained and positioned in a desirable pocket of the neighborhood.

This property would best suit first-time buyers, small families, or downsizers looking for a single-level layout with modernized finishes. It’s ideal for someone seeking a balance between community amenities and private outdoor space, without the scale of a larger, more demanding property.

Section 2: Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 1,170 sqft, the living area is slightly below the average for Laurel Bay itself but is very close to the average for both Garden City and Winnipeg overall, indicating a standard, functional size for the area.

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $37.70k is above the Garden City average, which often reflects recent renovations and good condition. However, market conditions and specific buyer demand ultimately determine the final sale price.

3. What does the "below average" ranking for Year Built on Laurel Bay mean?
On Laurel Bay, most homes were built slightly later (around 1969 on average). This home, built in 1967, is simply a bit older than its immediate neighbors, but it is actually newer than the average home across all of Garden City.

4. Are there any known concerns with a home of this age?
As a home built in the late 1960s, a prospective buyer should ensure that major systems (like roof, plumbing, and electrical) have been updated over time, even though the basement has been renovated. An inspection is always recommended.

5. What is the benefit of the lot size?
At just under 6,000 sqft, the lot is smaller than some on the same street but is very typical for Garden City. It provides ample space for the pool and backyard activities while requiring less maintenance than a larger plot.