Property Overview: 88 Gilia Drive, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1961, presents a straightforward and manageable opportunity in Winnipeg's Garden City neighborhood. Its key appeal lies in its simplicity and potential as an affordable entry point into the housing market. With 1,053 sqft of living space and a renovated basement, it offers functional living areas on a decent 5,498 sqft lot. Notably, for its immediate street, it sits on a larger-than-average parcel of land and is one of the newer homes in the local grouping, which may suggest better foundational upkeep compared to direct neighbors.
The property’s assessed value is modest, positioning it well below average for both the street and Garden City, but closer to the citywide median. This creates a clear profile: a smaller, older home that is priced accessibly. It would suit first-time buyers, downsizers, or practical investors looking for a low-maintenance footprint without a garage. Its value is in what it is—a basic, renovated bungalow—not in premium features or size. A thoughtful perspective is that its "below average" metrics on the street could mean less competitive pressure during purchase, while its citywide "around average" standing suggests it aligns with broader Winnipeg affordability.
Section 2: Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a "renovated basement" but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
2. How does the lack of a garage affect utility and value?
The property has no garage, which is a practical consideration for vehicle storage and Winnipeg winters. This contributes to its accessible price point but may require budgeting for alternative parking or a future shed.
3. The sold price history shows a range. What sold price should I reference?
The listed range (e.g., $29.5k–$32.5k in 10/2023) is based on public data. For the exact historical sold price to inform your offer, you can request it via email from the site, as noted in the details.
4. The home is "below average" in size and value for Garden City. Is this a concern?
Not necessarily. It indicates the home is among the more affordable options in the area. For buyers seeking the Garden City location at a lower entry cost, this is the trade-off. It's more compact but financially accessible.
5. What do the "Top X%" rankings mean?
These rankings compare this home against specific groups (same street, same area, city-wide). For example, "Top 78%" for living area on its street means its square footage is greater than 78% of comparable homes on Gilia Drive. It's a relative positioning tool, not an absolute grade.