Property Summary: 77 Woodcrest Drive, Garden City, Winnipeg
Key Characteristics & Appeal
This one-storey home on a large, 7,112 sqft lot presents a solid opportunity in Winnipeg's Garden City neighborhood. Its key appeal lies in the combination of a very generous yard—ranking in the top 4% for land size on its street—and a recently renovated basement, offering flexible living space. With 1,188 sqft of living area, the house itself is of average size for the area, but the property stands out for its above-average assessed value within Garden City, suggesting desirable features or updates not fully detailed in the metrics.
The home would suit first-time buyers or downsizers looking for a manageable single-level layout with significant outdoor space for gardening, pets, or family activities. The detached garage adds practical storage or workshop potential. A thoughtful perspective for buyers is to consider the value of the lot itself; in established neighborhoods, a larger parcel is a finite asset that offers privacy and future potential, often appreciating independently of the structure. The home’s age (built in 1964) means systems and the roof should be carefully evaluated, but it also places the property among the newer homes on its specific street.
Frequently Asked Questions
1. How does the assessed value compare to the last sold price?
The home was last sold in August 2016 for an estimated range of $32.5k to $35.5k. Its current assessed value is $38.10k, which is above the average for both its street and the broader Garden City area, indicating a rise in value.
2. Is the living space all on one level?
Yes, the building type is listed as a "One Storey" home. The renovated basement provides additional finished space, but the primary living areas are on the main floor.
3. What does the "above average" ranking for assessed value mean?
It means this home's municipal assessed value is higher than most comparable homes in its immediate area. On Woodcrest Drive, it ranks 5th highest out of 45 properties, and in Garden City, it's in the top 19%. This often reflects improvements, a premium lot, or a favorable location within the district.
4. How does the lot size compare to typical city lots?
The lot is substantially larger than average. At over 7,100 sqft, it is larger than approximately 84% of residential lots citywide and is one of the largest on Woodcrest Drive.
5. Where can I find the exact historical sold price?
The exact sold price is not publicly displayed in detail due to data sourcing. The listing service offers to provide the precise figure via email upon request, which they aim to send by the end of the same business day.