Property Overview: 26 Coralberry Avenue, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Garden City is a practical property that balances space and value. Built in 1959, its key feature is a generously sized lot of over 6,000 sqft, which is notably larger than many lots on its own street and in the wider city. The 1,050 sqft living area is modest and below the local average, but it includes a renovated basement, adding functional space. A detached garage provides additional storage or workshop potential.
The appeal here lies in the land itself. It’s a property where the outdoor space offers more potential than the interior square footage might suggest, ideal for gardening, expansion, or simply enjoying a larger yard. It suits first-time buyers or downsizers looking for a manageable, single-level layout in a established neighbourhood, and it could be a strategic pick for a buyer who values lot size over a large house and sees potential in the renovated basement for a suite or family space. Its assessed value is below average for the immediate area, suggesting a relatively accessible entry point into the market.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others in the area?
At 1,050 sqft, the living area is below the average for both Coralberry Avenue and the broader Garden City neighbourhood, placing it in the smaller third of homes. The renovated basement, however, adds usable space not reflected in the main living area square footage.
2. Is the lot size a significant feature?
Yes. The lot of 6,048 sqft is a standout aspect, ranking in the top 16% for size on Coralberry Avenue. It offers more outdoor space than many comparable properties, which is a key differentiator.
3. What is the property’s value proposition based on the data?
The assessed value is below the local average for both the street and Garden City. This, combined with the larger-than-average lot, suggests you may be acquiring more land for a lower relative cost, with the house itself being more modest.
4. When was it last sold, and for how much?
The home was sold in December 2019. The exact sale price is not publicly listed, but available data indicates a range between $255,000 and $285,000. The current assessed value is $329,000.
5. What are the practical features of the home?
The home is a one-storey (bungalow) layout with a renovated basement and a detached garage. There is no swimming pool. This configuration offers main-floor living and the flexibility of the finished lower level.