Property Overview: 177 Forest Park Drive, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Forest Park Drive is a practical and well-situated property. With 1,364 sqft of living space, it is notably compact compared to others on its street but is actually above average for the Garden City neighborhood and aligns closely with the Winnipeg citywide average. Its key feature is a renovated basement, adding valuable finished space, and it includes a detached garage. Built in 1960, it is one of the older homes on the block, which may appeal to those who appreciate established communities with mature landscaping.
The appeal lies in its strong value positioning within the broader area. While it sits in the middle of the pack on its own street for features like size and assessed value, it ranks well above average for Garden City in terms of its assessed value, indicating a solid investment relative to the local market. This creates an opportunity: you get the benefits of the established Garden City neighborhood without paying a premium for a larger lot or newer home on this specific street. It would suit first-time buyers, downsizers looking for a manageable single-level layout, or practical investors seeking a property with a renovated basement in a stable area. The data suggests it’s a home that makes more sense when evaluated against the wider neighborhood rather than just its immediate block.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to the area?
While its living area is below average for Forest Park Drive itself, it is actually larger than the typical home in the wider Garden City neighborhood and is very close to the average for all of Winnipeg.
2. What does the "above average" assessed value for Garden City mean?
The assessed value ranks in the top 12% for Garden City, meaning it is valued higher than most homes in the neighborhood. This often reflects a combination of the home’s condition, improvements like the renovated basement, and its location within the area.
3. Is the 1960 build date a concern?
The home is one of the older ones on its street. Buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and electrical systems, which may need updates.
4. How recent is the basement renovation, and was it permitted?
The listing notes the basement is renovated, but specific details on the scope, quality, timing, and permits are not provided. This is a critical question for your real estate agent to investigate.
5. How can I get the exact historical sale price?
The displayed sale history is an estimated range. You can request the precise sale price by emailing the website directly through the provided form. They commit to providing the accurate figure manually, typically by the end of the same day.