Property Overview
This single-storey home at 68 Arrowwood Drive N in Winnipeg's Garden City neighborhood presents a specific and practical value proposition. Built in 1960, its key characteristic is a recently renovated basement, adding modern living space to the 1,047 sqft footprint. The home sits on a 6,048 sqft lot, which is notably larger than many city-wide comparables. It does not have a garage or pool.
Its appeal lies in its efficient layout, updated lower level, and the generous, above-average lot size for the area—offering potential for gardening, play space, or future expansion. The assessed value positions it as a more accessible entry point into the market, especially when compared to neighboring properties.
This home would suit first-time buyers or downsizers seeking a manageable, single-level layout with immediate move-in readiness from the basement renovation. It's also a practical fit for value-focused buyers who prioritize land size over a large interior square footage, seeing potential in the lot itself.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,047 sqft, the main and upper living area is below average for both Arrowwood Drive and the broader Garden City area. However, the renovated basement provides additional finished space.
2. Why is the assessed value notably lower than the city-wide average?
The assessed value is below average for its immediate street and neighborhood, which often reflects the home's smaller main-floor square footage, age, and lack of features like a garage. This can represent a lower tax assessment and an entry price point.
3. What are the advantages of a larger lot like this?
The 6,048 sqft lot is a standout feature, offering more private outdoor space than many city properties. This allows for larger gardens, recreational areas, and provides a sense of openness not always found in homes at this price point.
4. Is the 1960 build date a concern?
While the home is older, its build date is actually above average for its specific street. Buyers should focus on the condition of major aging components (like roof, wiring, and plumbing) and consider the renovated basement as a positive update.
5. Where can I find the exact historical sale price?
The listed sale price ranges are estimates from public data. The exact sale price for transactions since 2016 can be requested directly via email from the listing source, which provides the accurate figure manually.