Property Overview: 97 Teakwood Avenue, Garden City, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Garden City presents a compelling blend of space, modernity, and established neighbourhood character. Its key appeal lies in its generous 1,399 sqft living area, which ranks within the top 4% of homes on Teakwood Avenue and is notably above average for the wider Garden City area. This suggests a home that feels spacious compared to many of its immediate peers. A significant feature is the renovated basement, adding valuable finished living space. The property benefits from a newer build date (1988), making it a more contemporary option in a neighbourhood with many older homes, which can mean fewer concerns about outdated major systems.
The detached garage and a manageable 5,246 sqft lot offer practical suburban living. From an investment perspective, the home's assessed value consistently ranks above average for both its street and neighbourhood, indicating strong perceived value in its local market. This property would ideally suit first-time buyers or downsizers seeking a single-level layout without compromising on interior space, or practical-minded buyers who appreciate a home that is newer than most in the area and has already seen key renovations.
Frequently Asked Questions
1. How does the living space truly compare to the neighbourhood?
The home’s living area is a standout feature. It is significantly larger than the average home on Teakwood Avenue and in the broader Garden City area, offering more interior room than most comparable properties nearby.
2. What are the implications of the 1988 build year?
Built in 1988, this home is considerably newer than the typical Garden City house (where many averages date to the early 1960s). This can be advantageous, potentially meaning updates to building codes, materials, and systems like wiring and plumbing.
3. Is the lot size a drawback?
While the lot is slightly below the Garden City average, it is very close to the average for Teakwood Avenue itself. It provides a balanced yard that is manageable for maintenance while still offering private outdoor space.
4. What does the above-average assessed value indicate?
The assessment ranking in the top 10% for the neighbourhood suggests the municipal tax authority views this property as having higher value than most—often reflecting factors like size, condition, and improvements like the renovated basement.
5. Can I get the exact historical sale price?
The listed sale price ranges are based on public data. The exact sale price from June 2022 is available by request via email from the listing service, which they provide manually without using your email for unsolicited marketing.