Property Overview
812 Garwood Avenue is a 912 sqft one-storey home in Winnipeg's Earl Grey neighbourhood, built in 1930. It sits on a 3,348 sqft lot and features a renovated basement. The home does not have a garage or pool.
Key Characteristics & Appeal
This home presents a classic, compact footprint in a well-regarded, central neighbourhood. Its primary appeal lies in its above-average assessed value for both the street and Earl Grey area, suggesting it is viewed as a solid asset within its immediate context. The renovated basement adds functional living space. The lot size is typical for the area, offering manageable outdoor space without excessive upkeep.
It would suit first-time buyers or downsizers seeking an established character home in a desirable location without the maintenance of a larger property. It’s also a practical option for investors or buyers attracted to a home that appears to hold its value well within its local market, based on the assessment data. A less obvious perspective is that its smaller living area, while below city averages, translates to lower utility costs and a cozier, more efficient layout for individuals or small households.
Frequently Asked Questions
1. What does the "above average" assessed value mean for me?
It indicates the municipal property assessment is higher than most comparable homes on the street and in the Earl Grey area. This can reflect perceived value but is not a direct market price. It may influence future property taxes.
2. Is the living space too small?
At 912 sqft, it's below the city-wide average but fairly typical for older homes in central neighbourhoods. The renovated basement effectively expands usable space. It's a trade-off for location and lot size.
3. What is the neighbourhood like?
Earl Grey is a mature, established neighbourhood known for its community feel, older homes, and convenient location. The property's high rank for assessed value within the area hints at its desirability.
4. Are there any concerns with a 1930s build?
While the home is nearly a century old, its assessed value suggests it has been maintained as a viable asset. A thorough inspection is essential to understand the condition of major systems, the foundation, and the scope of the basement renovation.
5. How does the lack of a garage affect daily life?
This is common for homes of this era in Winnipeg. Buyers should plan for street parking and consider the investment and space required for a shed or future garage if needed for storage or vehicle protection.