Property Overview
59 Sweetwood Bay is a well-maintained, one-storey home in Winnipeg's Garden City neighbourhood. Built in 1961, it offers 1,510 square feet of living space and sits on a 6,234 sqft lot. The home features a renovated basement and does not include a garage or pool. Its assessed value is $373,000.
Key Characteristics & Appeal
This home presents a practical and comfortable living space. Its key appeal lies in its above-average living area for both the neighbourhood and the city, offering more interior space than many comparable homes. The renovated basement adds immediate, functional living space without the need for a project. While the lot size is slightly smaller than others on the street, it remains a good-sized city lot that is easier to maintain.
It would suit first-time buyers or downsizers looking for a manageable, single-level layout in a stable area. The home’s metrics suggest it’s a solid, middle-of-the-road property in its immediate area but stands out favourably when compared to wider Garden City and city-wide averages for living space. It’s not a standout luxury home, but rather a dependable and spacious option for those seeking value and move-in readiness without premium pricing.
Frequently Asked Questions
1. How does the property’s size compare to nearby homes?
At 1,510 sqft, the living area is notably above the average for both Garden City and Winnipeg overall. However, on Sweetwood Bay itself, it is slightly below the street's average, ranking 12th out of 25 homes.
2. What is the significance of the assessed value?
The assessed value of $373,000 is around the city-wide average. Within Garden City, it ranks above average (in the top 24%), indicating it is viewed as a relatively valuable property for the neighbourhood.
3. Is the lot size a drawback?
The lot is 6,234 sqft. It is smaller than most on its specific street but is close to the average for Garden City and is actually above average compared to lots city-wide. It offers a good balance of outdoor space with less maintenance burden.
4. What can the last sold price tell me?
The home sold in July 2022 for between $395,000 and $425,000. This sale price was well above average for the area at that time, suggesting strong buyer interest or desirable features not fully captured in basic metrics.
5. Who would this home not be ideal for?
It may not suit buyers who prioritize a large garage, a swimming pool, or a lot that is larger than their neighbours'. The one-storey design might also be less efficient for families seeking distinct separation between sleeping and living areas across multiple floors.