Property Overview: 680 Garfield Street N, Winnipeg
Key Characteristics & Appeal
This 2017-built home in the Minto neighbourhood offers a compelling mix of modern convenience and established value. Its primary appeal lies in its relative newness, being among the newest homes on its street and in the wider area. With 924 sqft of living space, it provides a comfortable, low-maintenance footprint that is very typical for Minto but is notably more compact than the Winnipeg city average.
The property stands out for its assessed value of $360,000, which ranks in the top tier for its immediate area, suggesting it is viewed as a premium offering in its local context. However, the lot size is considerably smaller than most, which is a trade-off for the modern build and location. This combination makes it ideal for first-time buyers, downsizers, or investors seeking a newer property with minimal immediate upkeep. It suits those who prioritize a modern interior and systems over expansive outdoor space, offering an efficient lifestyle in a neighbourhood where newer construction is rare.
Frequently Asked Questions
1. How does the smaller lot size impact the property?
While the land area is smaller than most in the city, it translates to less yard maintenance. For the right buyer, this is a benefit rather than a drawback, aligning with a low-maintenance lifestyle.
2. The assessed value seems high for the area. Why is that?
The "Elite" ranking locally is primarily driven by the home's age. Being built in 2017, it has modern materials, systems, and building codes that older neighbouring homes do not, which is significantly reflected in its assessment.
3. What does the sold price history indicate?
The home sold in its first year (2017) for an estimated $250k-$300k. The current assessed value of $360k reflects market appreciation and the established value of a nearly new home in a mature neighbourhood.
4. Who would this property not suit as well?
Buyers seeking a large yard, extensive garden space, or significant square footage for the price may find better options elsewhere. Its strengths are in modern quality and efficiency, not in expansive indoor or outdoor space.
5. How can I get the exact historical sold price?
The precise sale price is not publicly listed. You can request it directly via the email button on the listing page. The service is manual, with a same-day response aim, and your email is not used for marketing.