Property Overview: 120 Garton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1983 bi-level home in Inkster Gardens presents a straightforward, entry-level opportunity. Its key characteristic is its modest scale: at 900 sqft of living space on a 2,630 sqft lot, it is notably smaller than most homes on its street and in the wider city. This is reflected in its very low municipal assessed value, which sits well below local averages.
The primary appeal lies in its potential as an affordable foothold in the market. The home features a renovated basement, adding functional living space. It would suit first-time buyers or investors seeking a low-cost entry point with renovation or value-add potential. A thoughtful perspective is that its compact size and lot translate to lower maintenance costs and less upkeep—an advantage for those seeking simplicity or with limited time. It’s a property for a pragmatic buyer focused on fundamentals rather than premium features, offering a chance to build equity without a large initial outlay.
Section 2: Frequently Asked Questions
1. Is this a "fixer-upper"?
While the basement is renovated, the home's below-average metrics for size, value, and land area suggest it may be dated or in need of updates compared to neighbourhood norms. A thorough inspection is recommended to understand its condition.
2. Why is the assessed value so much lower than the citywide average?
The assessed value is based on the property's specific attributes (size, age, features) relative to its immediate area. Its smaller footprint and lot size directly contribute to this lower valuation.
3. What does the "below average" ranking for Land Area mean for me?
It means the yard is significantly smaller than typical lots in Winnipeg. This limits expansive outdoor activities but simplifies landscaping and reduces exterior maintenance.
4. Who would this property not suit?
It would likely not suit growing families needing more interior space, buyers wanting a large yard, or those seeking a move-in-ready home that aligns with current neighbourhood averages for size and value.
5. How reliable are the sold price ranges shown?
The ranges are based on public data. For precise historical sale figures to inform your offer, you must request the exact sold price history via email, as noted on the listing.