Property Overview: 222 Gilia Drive, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Gilia Drive is defined by a compelling contrast. While its 1,022 sqft living space is modest and below average for the area, it sits on a notably large, 6,039 sqft lot that ranks in the top 5% on its street. The home features a renovated basement and a detached garage. Built in 1960, it is typical for its neighbourhood in age. Its assessed value is strong relative to immediate neighbours, suggesting the property is well-regarded in its local context.
The primary appeal lies in its land value and potential. The generous lot size is a significant asset in a mature neighbourhood, offering ample outdoor space, privacy, and future expansion possibilities that are rare for the street. The renovated basement adds functional living space. This property would best suit a practical buyer who values land over square footage—perhaps a first-time homeowner comfortable with a cozier interior, a downsizer seeking manageable indoor space with a large garden, or an investor/renovator who sees long-term value in the lot's potential.
Section 2: Frequently Asked Questions
1. Is the house itself in good condition?
The listing confirms a renovated basement, which is a positive update. For the condition of the main floor and major systems (roof, wiring, plumbing), a professional home inspection is essential, as the home is over 60 years old.
2. Why is the living area smaller than nearby homes?
This is a key feature of this property. The home itself is more compact than many in Garden City, which is reflected in its below-average living area rankings. The value is balanced by the larger-than-average lot it sits on.
3. How does the assessed value compare to the likely selling price?
The assessed value ($37.70k) is for municipal tax purposes and is typically much lower than market value. The last known sold price range was $27.5k-$30.5k in 2020. Current market value will depend on today's market conditions, the home's updated condition, and the premium for its large lot.
4. What can I do with such a large lot?
The lot size offers flexibility uncommon on the street. Uses could include extensive gardening, adding a substantial deck or patio, creating recreational space, or, subject to zoning and permit approvals, potentially expanding the home or adding an accessory structure like a shed or workshop.
5. What are the immediate neighbours like?
The property is on a street with very closely spaced homes, as seen with neighbouring addresses just 17 meters away. This suggests a traditional, tight-knit neighbourhood feel, but privacy in the yards will depend on fencing and landscaping.