Property Overview: 120 Coralberry Avenue, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Garden City is a practical and grounded offering, built in 1959. Its key appeal lies in its generous 6,117 sqft lot, which is notably larger than many in the immediate area and ranks well above average city-wide. This presents a significant opportunity for gardening, outdoor living, or future expansion. The home itself, at 1,059 sqft, is modest in size compared to area averages but features a renovated basement, adding functional living space. A detached garage provides additional storage or workshop potential.
The property suits buyers looking for a solid value proposition in a well-established neighbourhood. It’s ideal for first-time homeowners who prioritize land size over a large interior footprint, or for downsizers seeking single-level living with ample outdoor space. Its assessed value is consistently around the average for its area, suggesting it’s priced in line with market norms without premium pricing for its notable lot size. The appeal is less about luxury finishes and more about foundational value: a renovated basement, a large yard, and the stability of a home with a long history in the community.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,059 sqft, the living area is below the average for both Coralberry Avenue and the broader Garden City area, but is closer to the city-wide average. The renovated basement effectively adds to the usable space.
2. What is the significance of the lot size?
The 6,117 sqft lot is a standout feature. It ranks in the top 15% on its own street and the top 28% city-wide, offering more outdoor space than most comparable properties.
3. What can the sold price history tell me?
Public records show a sale in early 2016 for an estimated range. For precise historical sold prices, you can request the exact figures via email from the listing source.
4. How does the home’s age affect its value?
Built in 1959, the home is of a typical age for Garden City. Its year built ranks around the middle compared to neighbours, indicating it’s neither unusually old nor new for the area, which is reflected in its average assessed value.
5. Are there similar properties for comparison?
The listing provides examples of nearby homes on Coralberry Avenue and in Garden City with similar build years and assessed values, such as 22 Canna Boulevard, for direct neighbourhood comparison.