Property Overview: 83 Woodcrest Drive, Garden City, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This one-storey home at 83 Woodcrest Drive is a solid, well-situated property in Winnipeg's Garden City neighbourhood. Its primary appeal lies in its generous lot size and above-average living space compared to its immediate area. With 1,360 sqft of living area and a 6,692 sqft lot, the property offers more room than most homes on its street and in the wider community. A key feature is the renovated basement, adding functional space, and the convenience of an attached garage.
The home was built in 1961, which is older than most on its block, suggesting a classic layout and potential for future updates. However, its assessed value ranks highly for the street, indicating it is viewed as a premium property in its micro-market. This creates an interesting dynamic: it's a vintage home on a sizable, desirable parcel of land.
This property would best suit practical buyers looking for space and location over a modern turn-key home. It's ideal for someone who values a larger yard for family, gardening, or pets, and who appreciates the character and established feel of an older neighbourhood. The renovated basement adds immediate utility, making it a fit for those needing extra living, recreational, or storage space without a major project. It’s a home for a buyer who sees the underlying value in the land and layout, and who may be planning gradual, personal updates.
Frequently Asked Questions
1. What does the assessed value ranking actually mean for me?
The home's assessed value is in the top 9% on its own street, meaning it is officially valued higher than 91% of its direct neighbours. This typically signals a strong position in the local market, but it's important to compare this with recent sale prices in the area for a complete picture.
2. The home is older than most on the street. Should I be concerned?
The 1961 build date means core systems like plumbing, electrical, and the roof may be older or have been updated over time. A thorough home inspection is essential. The upside is that older homes in established areas often come with larger lots and mature landscaping that can't be replicated in newer subdivisions.
3. How usable is the large lot?
At nearly 6,700 sqft, the lot is a significant asset. It provides ample private outdoor space, which is increasingly rare. Consider not just recreation, but also potential for additions like a shed, deck, or garden. Check local bylaws for any restrictions on future use or development.
4. The last recorded sale was in 2020. How does that affect the current price?
The 2020 sale price provides a historical benchmark, but the market has evolved since then. The current asking price will reflect broader market conditions, any improvements made by the sellers, and the property's perceived value relative to recent sales of comparable homes.
5. What is the neighbourhood vibe in this part of Garden City?
Garden City is a long-established, family-oriented neighbourhood. A home from 1961 suggests a street with a settled, quiet character. It’s wise to visit at different times of day to get a feel for traffic, neighbour activity, and overall ambiance to see if it matches your lifestyle.