Property Overview: 8 Marigold Bay, Garden City, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This one-storey home at 8 Marigold Bay is a classic Garden City bungalow built in 1957. With 1,125 sqft of living space and a renovated basement, it offers functional, single-level living. The property sits on a 6,043 sqft lot, which is notably larger than the citywide average, providing ample outdoor space. A detached garage completes the package.
The primary appeal lies in its balance of a quiet, established neighbourhood and its practical layout, which is well-suited for updates. The lot size is a significant asset, offering potential for gardening, expansion, or simply more private space than many newer infill properties. While the home’s living area is modest compared to immediate neighbours, its assessed value is positioned around the average for the street and area, suggesting it may represent a manageable entry point into the neighbourhood.
This property would best suit first-time buyers, downsizers, or practical investors looking for a solid foundation in a mature community. It’s for someone who values a larger yard over a larger house and sees the potential in a home that may benefit from personalization. The renovated basement adds flexible living space, making it workable for a small family, a couple, or someone needing a home office or separate suite.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,125 sqft, the living area is below the average for Marigold Bay but is around the average for the broader Garden City area and Winnipeg overall. The more standout feature is the land area, which is larger than most city lots.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. This should be verified with the listing agent to understand the finish quality, layout, and whether it includes a separate entrance or bathroom.
3. The sold price history shows a range from 2019. What’s the exact price?
The exact sold price from September 2019 is not publicly displayed. The listing service offers to provide this exact figure via email upon request, stating they do not use contact details for unsolicited marketing.
4. Is the assessed value a good indicator of the listing price?
Not directly. The assessed value (approximately $336k) is for municipal tax purposes. Listing prices are set by the seller and market conditions. Recent sale prices of similar homes in the area are a more reliable gauge of market value.
5. The home was built in 1957. What should I be aware of?
While the basement has been renovated, a home of this age may have original components like plumbing, electrical, windows, or the roof that could require inspection or future updates. Its build year is older than most in Garden City but is typical for Winnipeg as a whole.