Property Overview
This one-storey home at 18 Colish Drive in Winnipeg's Garden City neighbourhood presents a practical opportunity. Built in 1958, it features 1,320 sqft of living space and sits on a notably generous 7,494 sqft lot, which ranks well above average for the area and city. The home includes a detached garage and has no basement. Its assessed value is positioned around the citywide average but is below average for Garden City specifically, suggesting a value proposition within the neighbourhood.
The appeal lies in its spacious lot, offering room for gardening, expansion, or outdoor living—a relative rarity. It suits buyers looking for a solid, no-fuss bungalow on a large parcel without the maintenance of a pool or the complexities of a basement. It’s a fit for downsizers, first-time buyers seeking land, or those who value outdoor space over a recently built home. A thoughtful perspective is that the below-average assessment for the area could represent an entry point into a well-established neighbourhood, where the land itself may hold long-term value.
Frequently Asked Questions
What does "no basement" mean for storage and utilities?
The home has a slab-on-grade or crawlspace foundation. Storage solutions may need to be creative, and mechanical systems like the furnace and water heater will be located on the main floor, potentially using living space.
How does the assessed value compare to the likely selling price?
The assessed value is for municipal tax purposes. The last recorded sale was in 2022 for an estimated $33.5k–$36.5k. The current market price will be influenced by factors like condition and updates, which are not detailed in the statistical report.
Is the large lot a benefit or a burden?
It's a significant benefit for privacy, expansion potential, or outdoor enjoyment. However, it also means more yard maintenance (lawn mowing, landscaping) compared to properties with standard-sized lots.
How does this home rank for its age and size in Garden City?
While the living area is slightly above average for the neighbourhood, the home's 1958 build date is older than most in Garden City. This indicates it's among the original homes in the area, which can mean mature trees and established streetscapes, but may also require more upkeep.
What are the implications of the detached garage?
A detached garage offers flexibility and can reduce noise in the house. However, it means going outside to access your vehicle, which can be a consideration during Winnipeg winters.