46 Morrison Street

Property Overview: 46 Morrison Street, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This 4-level split home, built in 1970, stands out for its generous proportions in its Garden City neighborhood. With 1,806 sqft of living space, it offers significantly more room than most comparable homes on its street and in the wider area. The property sits on a large 6,377 sqft lot, providing ample outdoor space. A key modern update is the renovated basement, adding functional living area. There is no garage or pool.

The appeal lies in its above-average size and established lot within a mature community. It represents a solid, spacious family home that has been partially updated. The data suggests it's a leading property on its block, ranking highly for living area, lot size, and year built within its immediate vicinity.

This home would best suit buyers looking for established character and space over new construction. It’s ideal for a family that values larger indoor and outdoor areas and is willing to take on a home where some systems (like the roof or windows, common for a 1970s build) may need future attention. It’s less suited for those seeking a turn-key modern home or requiring garage parking.

Section 2: Frequently Asked Questions

1. What does the "Top X%" ranking mean for each metric?
It shows how this property compares to similar homes. For example, "Top 8%" for living area on its street means 92% of comparable homes nearby are smaller. It’s a quick way to see the home’s relative strengths.

2. The assessed value is $400k, but it sold for much less in 2020. Why?
The 2020 sale price range ($315k-$345k) reflects the market at that time. The current assessed value is an estimate for taxation purposes and can be influenced by market changes, renovations (like the basement), and municipal assessment models. It is not a direct indicator of current market value.

3. What are the practical implications of a 4-level split design?
This style offers good separation of living spaces, potentially separating sleeping areas from common areas across multiple half-levels. However, it also means more interior stairs, which is a consideration for mobility or young children.

4. There’s no garage. How challenging is parking in this area?
The property listing does not mention a driveway, so parking would likely be on-street. Prospective buyers should visit at different times to assess street parking availability, especially during Winnipeg winters.

5. The home is "above average" for its year built. Is that good?
In this context, a newer build (1970) compared to the neighborhood average (~1961) can be an advantage. It suggests potentially newer core components (like plumbing or electrical) than many neighboring houses, though a specific inspection is still essential.