Property Overview: 598 Leila Avenue, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Garden City presents a practical and grounded opportunity. Its key characteristics include 1,120 sqft of living space, a renovated basement, a detached garage, and a notably generous 6,075 sqft lot that ranks well above average for the immediate street. Built in 1969, the home is in line with the area's established character. The appeal lies in its balance: it offers solid, average-sized living space combined with a larger-than-typical yard for the neighbourhood, providing room for gardening, play, or expansion. The renovated basement adds immediate functional living space without the need for initial projects.
This property would suit first-time buyers seeking a manageable, single-level layout in a mature community, or value-conscious investors looking for a home with a strong land component. It’s a home for those who prioritize outdoor space over a large interior footprint and appreciate the potential stability of a property with metrics that consistently perform at or above local averages.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The land is a standout feature. At over 6,000 sqft, it ranks in the top 17% on Leila Avenue itself, meaning the yard is significantly larger than many of its direct neighbours.
2. What is the significance of the "Elite" ranking for Year Built in Garden City?
This statistical badge indicates that, within the broader Garden City area, this 1969 build date is newer than about 95% of comparable homes. This suggests the immediate neighbourhood may have a mix of older homes, positioning this property as relatively newer in that specific context.
3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is not an appraisal. Notably, the last recorded sold price range (2021) is close to the current assessed value, which can indicate a stable market perception, but a professional market evaluation is essential for pricing strategy.
4. What does "around average" for living area mean for daily life?
With just over 1,100 sqft, the home provides typical space for a bungalow. It suggests a efficient, no-frills layout suitable for smaller households. The renovated basement effectively doubles the usable living area, which is a key compensating factor.
5. Who would benefit most from the detached garage?
Beyond vehicle storage, a detached garage offers flexibility. It's ideal for hobbyists, those needing workshop space, or anyone seeking a clear separation between household projects and their living quarters. It can also simplify future landscaping or home expansion plans on the main structure.