Property Overview: 17 Garvie Walk, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 17 Garvie Walk in Munroe East is defined by its strong relative value within its immediate neighborhood. Built in 1978, it is one of the newer homes on its street and in the wider Munroe East area, which may suggest updated infrastructure or fewer age-related concerns than older peers. With 1,080 sqft of living space, it offers more room than most comparable homes on Garvie Walk and in the surrounding area, providing a sense of space that is competitive locally but more standard when viewed across the entire city.
The appeal lies in its position as a well-sized, relatively modern home in a stable setting. Its assessed value is notably higher than the street average but sits below the averages for Munroe East and Winnipeg overall, which could indicate a property that is well-maintained and desirable on its block while remaining an accessible entry point into the broader market. The lot size is modest, especially compared to city-wide averages, which translates to lower maintenance but less private outdoor space.
This property would suit a first-time buyer or downsizer looking for a comfortable, move-in-ready home in an established neighborhood without a premium price tag. It’s a practical choice for someone who values being above average for space and modernity on their own street more than having a large yard.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for Year Built actually mean?
It means this home (built in 1978) is newer than approximately 97% of the 29 comparable homes on Garvie Walk and 96% of homes in Munroe East. In this context, "Elite" indicates a relative advantage in age compared to immediate neighbors, which can be a positive for maintenance and systems.
2. The assessed value seems low compared to the city average. Why?
The city-wide average assessed value shown (~$390k) includes all property types and areas. This home's assessment ($26,900) is likely for the land and building for tax purposes, not its market value. Market value is different and would be closer to the listed historical sale price range (CA$200k–250k in 2020).
3. How significant is the smaller lot size?
The land area (2,504 sqft) is below average for both Munroe East and Winnipeg. This means less yard maintenance and potentially a more community-oriented, close-knit street feel, but offers limited space for expansions, large gardens, or significant privacy.
4. The home sold between 2020-2025. Can I find out the exact price?
According to the notes, the exact sold price is not publicly displayed. You must request it via email from the listing service, which promises to provide the accurate figure manually without using your email for marketing.
5. Is this home a good investment compared to others on the street?
The data suggests it has historically been a strong performer on its specific street. It ranks in the top third for assessed value and is the top-ranked home for living area and year built on Garvie Walk, indicating it has been a standout property in its direct micro-neighborhood.