Property Overview: 49 Garvie Walk, Winnipeg
Section 1: Key Characteristics & Appeal
This 952 sqft home, built in 1978, presents a practical and straightforward opportunity in Winnipeg's Munroe East neighborhood. Its primary appeal lies in its relative modernity within its immediate context—it is one of the newest homes on its street and in the local area, which may suggest updated building materials or systems compared to older neighbors. The living space is comfortably sized for the area, aligning closely with the local average.
The property stands out for its very low assessed value, which is significantly below averages for the street, neighborhood, and city. This creates a clear entry point into the market, likely translating to lower property taxes. The lot, while modest compared to broader city standards, is typical for the street.
This home would best suit first-time buyers or practical investors seeking an affordable, no-frills footprint. It’s for those who prioritize function and cost-efficiency over size or premium location, and who see value in a home that is newer than most in its direct vicinity. The close proximity of similar homes on Garvie Walk offers a consistent, established streetscape.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed values are based on mass appraisal techniques and reflect a home’s value relative to its specific market area. This assessment indicates the property is valued as a more affordable option within its local context of Munroe East and on Garvie Walk itself.
2. What does the "Elite" ranking for Year Built mean?
This statistical ranking shows the home is among the newest (top 3-4%) when compared only to its immediate neighbors on the street and in the Munroe East area. It doesn't imply luxury, but rather that it’s a relatively modern structure in its specific setting.
3. Is the living space smaller than a typical Winnipeg home?
Yes. At 952 sqft, it is below the city-wide average. However, it is much closer to the average for both Garvie Walk and the Munroe East neighborhood, indicating it is a typical size for that specific community.
4. How can I find out the exact historical sale price?
The listed sale price ranges are based on public data. The precise sale figures are verified manually by the listing service. You can request this exact history by email via the button provided on the detail page.
5. The lot seems small. Is there room for expansion or gardening?
With a 2,504 sqft lot, outdoor space is limited, especially compared to many city lots. It is slightly below average for the street. While sufficient for a small patio or garden, significant expansion or additions would require careful planning due to space constraints.