Property Overview: 23 Laurel Bay, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey bungalow at 23 Laurel Bay is a practical and updated home in Winnipeg's Garden City neighborhood. Its key characteristics include 1,172 sqft of living space, an attached garage, and a renovated basement, sitting on a 5,776 sqft lot. Built in 1968, the home is notably newer than many in the wider Garden City area.
The primary appeal lies in its move-in readiness with a modernized basement, combined with the convenience of single-level living. The property presents a solid value proposition, as its assessed value is below the average for its immediate street, suggesting potential equity opportunity in a well-established area. It suits first-time buyers seeking a manageable, updated home without major projects, or downsizers looking for the ease of a bungalow with a finished lower level for family visits or hobbies. A thoughtful perspective is that while the lot size is slightly below average for the street, it translates to less yard maintenance without sacrificing outdoor space—an often-overlooked benefit for busy households.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,172 sqft, the living area is close to the average for both Laurel Bay and the broader Garden City area. It offers a comfortable footprint for a bungalow, with the renovated basement effectively adding more usable space.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is a municipal benchmark for taxation, not a market price. Notably, this home's assessment is below the average for Laurel Bay itself, which can be attractive. Market conditions, the home's updated condition, and buyer demand will ultimately determine the sale price.
3. What does the sold price history show?
Public records indicate a sale in September 2016 for an estimated range of $285,000 to $315,000. For the exact historical sold price, you can request it via email from the listing source.
4. Who would this property best suit?
It's an excellent fit for first-time homeowners or those looking to downsize. The single-level layout and updated basement provide ease and flexibility, while the established neighborhood offers stability.
5. Are there any less obvious considerations?
While the home is newer than many in Garden City, being built in 1968 means standard considerations for systems like roofing, windows, or the furnace apply. The below-average lot size for the street is balanced by lower maintenance. Its position on a quiet bay, with nearby similar homes, suggests a consistent and neighborly streetscape.