Property Overview: 18 Payne Street, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Garden City is a practical property that balances a modest living space with a generous lot. Built in 1959, it is one of the older homes on its street, suggesting a well-established character. The 1,051 sqft living area is compact and below the neighbourhood average, but it is complemented by a renovated basement, adding functional space. The standout feature is the land: at over 6,300 sqft, the lot size is well above average for both the immediate street and the wider Garden City area, offering significant outdoor potential. A detached garage provides additional storage or workshop space.
The appeal lies in its efficiency and potential. The home suits a first-time buyer or downsizer looking for a manageable footprint without sacrificing yard space. The large lot is a canvas for gardening, recreation, or future expansion, making it also suitable for a buyer with long-term renovation plans who values land over a large existing structure. Its assessed value is positioned around the middle range for the area, indicating a relatively accessible entry point into the neighbourhood. It’s a home for those who prioritize land size and location over expansive square footage, viewing the renovated basement and detached garage as valuable bonuses.
Section 2: Frequently Asked Questions
1. How does the home's size compare to others in the area?
The living space is modest, ranking below the average for both Payne Street and the Garden City neighbourhood. This makes for efficient living and can mean lower utility costs, but buyers seeking abundant indoor space should note this.
2. What is the significance of the large lot size?
The lot of 6,336 sqft is a key asset, ranking in the top 30% for Garden City. It provides ample private outdoor space, which is less common in many city neighbourhoods, and offers flexibility for gardening, play, or future projects like a shed, deck, or addition.
3. The home is older; what should I consider?
Built in 1959, it is among the older on the block. While the basement has been renovated, a thorough inspection of fundamental systems (roof, foundation, plumbing, electrical) common to homes of this era is highly recommended to understand any upcoming maintenance.
4. How is the property valued relative to the market?
Its assessed value is around the middle of the pack city-wide and on its street, but below the Garden City average. This can suggest a relatively competitive price point for the area, but always compare with recent sale prices of similar homes.
5. Where can I get exact historical sale prices for this home?
The listed sale price ranges are estimates from public data. The exact sold price history is available by emailing a request through the listing provider, who manually provides the accurate figures.