653 Garwood Avenue

Property Summary: 653 Garwood Avenue, Winnipeg

Key Characteristics & Appeal

This two-and-a-half storey home in Earl Grey is defined by its generous living space and established neighbourhood character. Its primary appeal lies in its well-above-average 1,728 sqft of living area, which ranks in the top 2% of homes on Garwood Avenue and the top 7% within the Earl Grey area. This substantial size offers room to grow and is paired with a renovated basement, adding valuable functional space. The home sits on a standard city lot with a detached garage, typical for the area.

While the 1913 build date means it is one of the older homes on the street, this also contributes to its classic architectural charm. The assessed value is strong for both the street and neighbourhood, indicating solid perceived worth. This property would best suit a buyer looking for character and space over a modern build, who appreciates the mature trees and settled feel of Earl Grey. It’s ideal for someone ready to maintain a century-old home’s character while enjoying the benefits of previous updates, like the renovated basement. A thoughtful perspective is that its smaller city lot compared to Winnipeg-wide averages translates to less exterior maintenance, focusing the lifestyle more on the home’s interior space and the walkable neighbourhood amenities.

Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, ceiling height, permits, or moisture control are not provided. A professional inspection is recommended to detail the scope and condition of this update.

2. How does the 1913 build date affect the home?
While it offers classic charm, it typically means potential for older mechanical systems (like plumbing or wiring), insulation standards, and a need for diligent maintenance. The strong assessed value suggests these factors have been reasonably managed.

3. The home last sold in June 2020 for $340k. What does that mean for today's price?
That sale price provides historical context, but current market conditions, recent upgrades, and the assessed value of $415k are more relevant indicators for its present market value. It shows the property has been transferred relatively recently in a different market climate.

4. Is the living space configuration typical for a 2.5-storey home?
Likely yes, which often means bedrooms on the upper floors and living areas on the main floor. The "half-storey" often indicates finished space in the top floor, possibly with sloped ceilings. The large square footage suggests a very roomy layout.

5. The land area is below the city-wide average. Is that a concern?
Not for the neighbourhood. The lot is standard for central, established areas like Earl Grey. It offers a manageable yard size and aligns with the community's character, differing from newer suburban lots which are typically larger.