Property Overview: 58 Greenford Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained 1987 one-storey home in Dakota Crossing offers 1,101 sqft of living space with a renovated basement. Its key appeal lies in its strong position within its immediate neighborhood. The living area is notably above average for Greenford Avenue, offering more interior space than most direct neighbors, while the assessed value is also favorable on the street. This suggests a property that stands out for its utility and value within its specific local context.
The home would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established area. The renovated basement adds valuable flexible space without the need for immediate work. A thoughtful perspective is that this property represents a "big fish in a small pond" scenario—it compares very well on its own street and block, which can contribute to stable ownership and a sense of value, even if it’s more average when compared to the wider city or district. The lot size is standard for the area, offering typical outdoor space without extensive maintenance demands.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the likely sale price?
The home last sold in October 2020 for $32,500 and now has an assessed value of $39,800. Market conditions and property improvements since the last sale will determine the final listing price, but the assessed value provides a current municipal benchmark.
2. Is the basement renovation a legal suite?
The listing notes a "renovated" basement but does not specify it as a legal secondary suite. Buyers should verify the permits and compliance of the renovation with the city to understand its legal use and any rental potential.
3. What does "above average for the street, but below average for Dakota Crossing" mean?
This highlights the importance of perspective. The home offers more living space and a higher assessed value than most on Greenford Avenue. However, Dakota Crossing as a whole includes many larger or newer homes, making this property more modest in that broader comparison. Your day-to-day living experience is often more influenced by the immediate street.
4. There's no garage. What are the parking options?
The property has no garage. Parking is likely via a driveway or on-street. Checking the specific property layout and local street parking regulations would be advisable.
5. The home is 39 years old. What major systems might need attention?
While the basement has been renovated, the core systems like the roof, windows, furnace, and plumbing are original or nearing typical lifespans. A thorough home inspection is crucial to budget for any upcoming updates or maintenance.