Property Overview: 51 Woodcrest Drive, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1962, presents a practical and value-oriented opportunity in the Garden City neighbourhood. Its key characteristics include a renovated basement, a detached garage, and a living space of 1,224 sq ft that is squarely average for the area, offering comfortable functionality without excess. The lot size of 5,501 sq ft is notably generous for its immediate street, providing above-average outdoor space compared to neighbours.
The primary appeal lies in its strong value proposition. The home's assessed value ranks well above average for both its street and the broader Garden City area, suggesting it may offer more house for the dollar in a stable setting. The renovated basement adds immediate, usable living space. A less obvious perspective is that its "average" size and older vintage could mean lower utility costs and simpler upkeep compared to larger, newer builds, appealing to those seeking efficiency.
This property would best suit first-time buyers or practical downsizers looking for a solid, no-fuss home in a well-established neighbourhood. It’s ideal for someone who values a larger yard and a smart financial entry point over a modern or recently built home.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others?
The assessed value is in the top 22% for Garden City, meaning it is considered above average for the neighbourhood. This indicates a favourable assessment relative to similar homes in the area.
2. What is the condition of the major systems, given the home's age?
As a home built in 1962, prospective buyers should prioritize a thorough inspection of foundational systems like plumbing, electrical, and the roof. Its age is typical for the area, but understanding the state and lifespan of these components is crucial.
3. Is the lot size a advantage?
Yes, particularly on its own street. The land area is larger than most direct neighbours (ranking 12th largest out of 45 on Woodcrest Drive), offering more private outdoor space—a valuable asset in a mature neighbourhood.
4. What are the typical property taxes?
Property taxes would be calculated based on the $37,700 assessed value and the City of Winnipeg's mill rate. You can estimate your annual tax by multiplying the assessed value by the current residential mill rate (approximately 0.013 as of recent years, but confirm for an exact figure).
5. Why is the sold price history shown as a range?
The displayed price ranges are derived from public data sources. To obtain the exact historical sold price for this property, you can request it via email from the listing service; they provide this detail manually to ensure accuracy.