Property Overview: 66 Montcalm Crescent, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, two-storey home built in 1963, offering 1,320 sqft of living space with a renovated basement and a detached garage. Its core appeal lies in being a manageable, updated property within the established Garden City neighbourhood. The data reveals a nuanced position: while the home's living area is above average for Garden City, its lot size (3,846 sqft) and assessed value are notably below average for both the immediate street and the wider area. This creates a distinct value proposition.
The property would suit first-time buyers or downsizers seeking an affordable entry into a mature neighbourhood without the burden of a large yard. It’s a practical choice for those who prioritize interior updates and location over square footage or expansive outdoor space. A thoughtful perspective for buyers is to see the below-average lot size not just as a limitation, but as a feature for those wanting lower maintenance costs and less upkeep time. The home’s assessed value being significantly lower than many comparables could indicate a potential value opportunity in a well-regarded area, assuming the interior condition aligns with the "renovated" description.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in Garden City?
At 1,320 sqft, the living area is actually above the neighbourhood average (~1,307 sqft), making it a comfortably sized home for the area despite its overall modest footprint.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value here is not directly comparable to the city-wide average figure shown (which appears to be a data discrepancy). More relevantly, it is below average for both Montcalm Crescent and the Garden City neighbourhood, which typically reflects the home's smaller lot and living area relative to nearby properties.
3. What does the sold price history from 2017 indicate?
The home sold for an estimated $22.5k - $25.5k in late 2017. This historical price point, significantly lower than current assessed values in the area, underscores how much market values have shifted in recent years and highlights the long-term ownership stability of the neighbourhood.
4. Is the smaller lot a major disadvantage?
It depends on your lifestyle. The lot is smaller than most in Garden City, which limits expansive gardening or large additions. However, it translates to less yard work and lower exterior maintenance costs, which can be a welcome benefit.
5. What is the immediate neighbourhood like on Montcalm Crescent?
The listing shows several nearby properties on the same crescent, suggesting a quiet, residential street with a close-knit feel. The consistent year-built data (early 1960s) indicates a streetscape of similar vintage and character.