Property Overview
This single-storey home at 12 Iris Street in Winnipeg's Garden City neighborhood presents a practical and comfortable living opportunity. Its key appeal lies in offering solid, well-proportioned space on a good-sized lot, all within a stable and established community.
Key Characteristics & Ideal Buyer
The 1,432 sqft bungalow sits on a 6,046 sqft lot, providing ample indoor and outdoor space. A recently renovated basement adds valuable finished living area and potential. With an attached garage and a 1960 build date, it is a classic, low-profile home that has been maintained.
Its primary appeal is balance. The living space is notably above average for both its immediate street and the Garden City area, offering more room than many comparable properties. The lot size is a particular standout city-wide, placing it in the top 30% of Winnipeg, which is a significant advantage for privacy, gardening, or future expansion. The assessed value is consistently average for its context, suggesting it is priced in line with market expectations without premium or discount surprises.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing square footage. It’s also a strong match for a value-conscious buyer who prioritizes a larger lot over a newer build, seeing the potential in the land itself and the updated basement. It’s a home for someone seeking a straightforward, grounded property in a no-fuss neighborhood.
Frequently Asked Questions
1. How does the size of this home compare to others?
The living area is a key strength. At 1,432 sqft, it is larger than the average home on Iris Street and in the broader Garden City area, placing it in the top 21-26% locally for space.
2. Is the lot size typical?
The lot is a significant feature. While average for the local area, it is considered above average (top 30%) when compared to the entire city of Winnipeg, offering more outdoor space than most properties.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finishes. This would be a key point for a buyer to clarify regarding the quality, layout, and permits for the work done.
4. The home was built in 1960. What should I consider?
While the systems and structure are now 66 years old, the home's age is very typical for Garden City. The renovated basement is a positive update. A thorough inspection would be advisable to understand the condition of major components like the roof, plumbing, and electrical.
5. How is the property valued relative to the area?
The assessed value is consistently around the average mark for Iris Street, Garden City, and Winnipeg as a whole. This indicates the property is not an outlier—it’s valued squarely within the expected range for its type and location, which can provide a sense of stability.