Property Overview: 735 Garwood Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-situated, one-and-a-half storey home in the established Earl Grey neighbourhood. Built in 1947, it is notably newer than many homes on its street and in the area, which may suggest updated core systems or construction. With 1,092 sqft of living space and a 3,693 sqft lot, the property offers a comfortable footprint that is above average for Earl Grey, providing good interior space and a decent-sized yard for the area.
Its primary appeal lies in its solid, middle-ground positioning. The home doesn't rank at the extreme top or bottom in any major category for its immediate area; it represents a stable, known quantity in a desirable neighbourhood. The detached garage adds practical utility. It’s a property that has likely evolved with the neighbourhood, offering character without the extreme renovation needs of an older century home.
This home would suit a buyer looking for a move-in-ready foundation in a prime location—someone who values the established trees, community feel, and convenience of Earl Grey over a brand-new build in a suburb. It’s also a sensible fit for those who appreciate a home with a bit of history but a relatively younger build date, potentially easing concerns about very aged plumbing or electrical found in earlier-era houses.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home was last sold in August 2022 for $315,000. Its current assessed value is $300,000. It's important to discuss this with your real estate agent to understand current market dynamics and how assessment values relate to listing prices.
2. What does "above average for year built" in this area mean?
Most comparable homes in Earl Grey were built, on average, around 1928. This home was built in 1947, making it nearly 20 years newer than the neighbourhood average. This could indicate differences in architectural style, room layout, or the vintage of major components.
3. Is the basement finished?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate an unfinished basement, which offers storage and mechanical space, with the potential for future development.
4. How does the lot size impact the property?
At 3,693 sqft, the lot is above average for Earl Grey but below the city-wide average. This typically means a very manageable yard for maintenance, with enough space for gardening or outdoor living, but not an expansive private area.
5. What is the significance of the home's rankings (e.g., Top 47% for Living Area)?
These rankings compare this specific property against similar homes on its street, in Earl Grey, and city-wide. For example, living area that is "around average" on Garwood Avenue but "above average" within Earl Grey suggests the home offers more interior space than many in the broader neighbourhood, while being typical for its specific block.