Property Overview: 74 Woodcrest Drive, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Garden City is a solid, above-average offering within its immediate neighborhood. Built in 1962, its primary appeal lies in its generous proportions relative to nearby homes. With 1,456 sqft of living space and a 6,000 sqft lot, it ranks in the top 15% on its street for both size and land area. The basement has been renovated, adding functional space. While there is no garage or pool, the property’s value is anchored in its spaciousness and established lot in a quiet area.
The home suits buyers looking for a comfortable, single-level layout—ideal for downsizers, first-time buyers seeking room to grow, or those who prefer minimal stairs. Its appeal is practical rather than luxurious, offering more interior and outdoor space than many comparable homes on the block. A thoughtful perspective is that while the home is older, its above-average size for the street provides a relative rarity that isn't always available in mature neighborhoods, potentially offering better long-term value in a land-constrained city.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The assessed value is above average for both Woodcrest Drive and the broader Garden City area, reflecting its larger lot and living area. City-wide, its assessment is around the median.
2. What is the significance of the renovated basement?
The renovation adds finished living space to the home’s footprint, which is a functional advantage given the home’s older age. It’s a key update that adds immediate utility without the need for a major project.
3. Is the lack of a garage a major drawback?
For some buyers, yes. However, the larger-than-standard lot (6,000 sqft) may provide ample space for adding a garage or shed in the future, which is a less obvious opportunity worth considering.
4. What do the recent sold prices indicate?
The sold price in 2023 was in the top quarter for the street, showing strong demand for properties with these characteristics. The increase from the 2020 sale price aligns with market trends and the home’s above-average attributes for the immediate location.
5. Who would this home not suit?
It may not suit buyers seeking a modern, turn-key property with features like a garage, ensuite, or open-concept layout typical of newer builds. It’s best for those who value space and location over contemporary finishes.