Property Overview: 106 Arrowwood Drive S, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Garden City is a practical and well-situated property. Its key features include a renovated basement, an attached garage, and 1,122 sqft of living space, which is comfortably in line with neighbourhood averages. Built in 1960, it is notably older than many homes on its own street, suggesting a well-established, mature streetscape.
The appeal lies in its solid positioning as a manageable, no-fuss home. It’s not an outlier in size or assessed value, which can indicate stability and predictability—a sensible choice in a fluctuating market. The renovated basement adds modern livable space without the need for immediate projects. The lot, while slightly smaller than others on the street, remains a good city-average size, offering manageable upkeep.
This home would suit first-time buyers seeking an entry point into a stable neighbourhood, or downsizers looking for a single-level layout with a modernized lower level. It’s for buyers who value a home that is "of the neighbourhood" rather than standing out, offering a chance to put down roots without overextending.
Section 2: Frequently Asked Questions
1. How does this home’s age affect its value and condition?
Built in 1960, it’s older than most on its street. This often means major systems (like plumbing or electrical) may be older or have been updated over time. A thorough inspection is key, but an older home on a street of similar vintage can also indicate a consistent, settled community character.
2. The lot size is noted as "below average" for the street. How significant is this?
At 5,828 sqft, the lot is smaller than many neighbours' but is still a very standard size citywide. It means a potentially smaller backyard than some on the block, but also less maintenance. It’s a trade-off that may not be noticeable to everyone.
3. What does the "around average" assessed value indicate?
An assessed value that consistently ranks near the middle for the street, neighbourhood, and city suggests the property is not over- or under-valued compared to its peers. This can provide confidence that you’re paying a market-rate price, but final market value is always determined by current sale conditions.
4. Is the renovated basement a full 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 renovations to understand its legal use and potential for rental income.
5. How stable have prices been on this street?
Based on the limited sold price history provided for the area, values appear to have been stable. For the most accurate and specific sold price history for this address, you can request the exact data via the provided email service.