Property Overview: 72 Coralberry Avenue, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Garden City is a practical and well-situated property. Its key features include a renovated basement, an attached garage, and a notably generous lot of over 6,000 square feet, which is larger than many city-wide and street-level comparisons. With 1,060 sqft of living space, the house itself is more compact than many in the immediate area, but this is balanced by a below-ground level that has been updated.
The appeal lies in its solid positioning within a stable neighbourhood. The assessed value is strong for the Garden City area, suggesting good value retention. The lot size is a significant asset, offering ample outdoor space for gardening, play, or future expansion—a relative rarity. The home’s age (built 1960) is actually above average for Coralberry Avenue, indicating it may be among the more established properties on the block.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout with a move-in-ready basement space. It’s also a fit for value-conscious buyers who prioritize land size over interior square footage, seeing the potential in the sizable yard.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the neighbourhood?
The living area is somewhat smaller than the average for both Coralberry Avenue and the wider Garden City area. This is a consideration if interior space is a top priority, but it is offset by the renovated basement and the larger-than-average property lot.
2. What does the assessed value tell us?
The assessed value is above average for Garden City and average for the street. This typically indicates the property is viewed as a solid, mid-range value within its community, not over- or under-valued compared to its peers.
3. Is the lot size a significant feature?
Yes. The land area is a standout, ranking in the top 16% on its own street and top 30% city-wide. This is a key advantage for privacy, outdoor activities, or future projects like a shed, deck, or garden.
4. What can recent sale history indicate?
The home sold previously in 2019 and 2020. The sale price ranges show it performed well against area averages at those times, suggesting consistent marketability. For the exact sold prices, you can request the information via email from the site.
5. Who might the nearby comparable property be?
A nearby reference property at 123 Arrowwood Drive S is similar in age and assessed value but offers about 150 more square feet of living space. This highlights a trade-off: you may find slightly larger homes nearby, but potentially on smaller lots or without a recently renovated basement.