Property Overview: 137 Arrowwood Drive N, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Garden City is a study in efficient value. Built in 1959, its 1,054 sqft living area is modest compared to immediate neighbours, but this is balanced by a renovated basement and a generous 6,045 sqft lot that ranks above average citywide. The home’s standout feature is its assessed value, which places it in the top 12-18% of its local area, suggesting it is a well-maintained or improved property within its peer group. Its appeal lies in its established neighbourhood setting, the utility of a detached garage, and the potential offered by a larger-than-average yard. This property would suit first-time buyers or downsizers seeking a manageable, single-level layout without sacrificing outdoor space, and value-focused investors or homeowners who appreciate a home that holds a strong assessed value position on its street.
Section 2: Frequently Asked Questions
1. How does the home's size compare to others?
While the living space is below average for Arrowwood Drive and Garden City, it is close to the Winnipeg average. This indicates a more compact, efficient floor plan which can mean lower utility costs and less upkeep.
2. What does the "above average" assessed value indicate?
A high assessed value relative to nearby homes often reflects recent renovations, superior maintenance, or desirable lot features. For this home, it suggests it may be in better condition or have more updates than many comparable properties in the area.
3. Is the lot size a pro or a con?
It offers two perspectives: on Arrowwood Drive, the lot is below average, but citywide it ranks in the top 30%. This means while it might be smaller than some direct neighbours, it remains a substantial yard by Winnipeg standards, offering good space for gardening, play, or expansion.
4. What can past sale prices tell us?
The home sold in 2016 and again in 2021, with the sale price range increasing significantly between those dates. This indicates strong appreciation in that period, a positive trend for future value.
5. Who might this home not suit?
Buyers prioritizing expansive interior square footage or a brand-new build may find the layout compact and the home’s age a consideration. It’s best for those who value lot size, neighbourhood character, and the value proposition of a renovated basement over a large main-floor footprint.