Property Overview
This one-storey home at 20 Verbena Street in Winnipeg's Garden City neighbourhood presents a practical and comfortable living opportunity. Its key appeal lies in its balance of space and value, featuring a renovated basement and a detached garage. With 1,148 sqft of living space on a 6,045 sqft lot, its proportions are squarely average for its immediate street and area, but the lot size ranks notably higher (top 30%) when compared citywide, suggesting more outdoor space than many Winnipeg homes. Built in 1961, it fits the established character of the area. The home is likely best suited for first-time buyers, downsizers, or value-focused investors seeking a move-in-ready property with modernized basics in a quiet, mature neighbourhood. Its assessed value positions it as a mid-range option, offering a sense of stability without the premium of a newer or more centrally located home.
Frequently Asked Questions
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a separate entrance or additional bedrooms.
How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes. Notably, the last recorded sale was in 2016 for approximately $27.5k-$30.5k, and the current assessed value is $35.20k. The eventual selling price will be determined by current market conditions, the home's updated state, and buyer demand.
Is the lot size a significant advantage?
While the lot is average for Garden City, it is larger than 70% of lots across Winnipeg. This offers more private outdoor space, garden potential, and future flexibility (like adding a shed or deck) compared to many city properties.
What are the implications of the home's "average" rankings?
The home consistently ranks in the middle ranges for its street, area, and city across size, value, and age. This indicates a low-risk, predictable property that is unlikely to be over-improved for the area, but also not a standout bargain or rarity.
Who maintains the detached garage, and what is its condition?
The listing notes a detached garage but provides no details on its size, condition, or wiring. This is a key point for verification, as detached structures can require separate maintenance and may have implications for parking convenience and security.