Property Overview: 25 Merriwood Avenue, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Garden City is defined by its generous scale and above-average lot size. With 2,508 sqft of living space, it ranks within the top 6% on its street and the top 3% within the neighborhood, offering significantly more room than typical area homes. The property sits on a 7,415 sqft lot, which is also well above local averages, providing ample outdoor space. Key features include an attached garage and a renovated basement. Built in 1961, the home is of a vintage common to the area.
The primary appeal lies in its spaciousness and established setting. It’s a property that offers room to grow, entertain, or simply enjoy without feeling constrained, all within a mature community. The renovated basement adds modern, functional living space. This home would best suit buyers who prioritize interior volume and yard size over a brand-new build—think growing families, multi-generational households, or those who value the character and larger proportions often found in homes of this era. Its strong rankings locally suggest it’s a standout property within Garden City itself, offering a relative premium for the area.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is often different from market value. While this home’s assessment is in the top 3% for Garden City, indicating it is viewed as a high-value property locally, a professional appraisal or comparative market analysis is needed to determine current selling price.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. It’s essential to inquire about the quality of the finish, the permits pulled, and the intended use (e.g., legal suite, recreation room, additional bedrooms) to understand its true value and functionality.
3. Are there any insights from the 2020 sale price range?
The home sold in mid-2020 for an estimated range. This provides a historical anchor point, but market conditions have likely shifted since. This data is most useful for understanding past appreciation rather than predicting a current exact price.
4. How does the lot size and home size compare practically?
With a lot size in the top 10% of the neighborhood and living space in the top 3%, this property balances substantial indoor and outdoor space. This is less common in many areas, suggesting good potential for gardening, play areas, or additions, without the home itself dominating the lot.
5. What is the significance of the home’s age (1961)?
Being built in 1961 means the core structure and major systems (like plumbing, electrical, and the roof) are likely original or have been updated at various times. A thorough inspection is crucial to understand the condition and any needed updates or maintenance typical for a home of this vintage.