Property Overview: 602 Leila Avenue, Garden City, Winnipeg
Key Characteristics & Appeal
This one-storey home, built in 1969, presents a solid, no-fuss opportunity in Winnipeg's Garden City neighborhood. Its primary appeal lies in its balance of space and value. With 1,040 sqft of living area, the house is a practical size for the street and area. A key standout is the generous 6,075 sqft lot, which is above average for both the immediate street and city-wide, offering valuable outdoor space and potential. The home features a renovated basement and a detached garage.
Its assessed value positions it as an above-average property within Garden City itself, suggesting it is a well-regarded asset in its local market. The home would suit first-time buyers seeking a manageable, single-level layout, or practical investors looking for a stable property with a good land-to-building ratio. It’s a home for those who prioritize space over flash, offering room to grow or customize without the premium of a newer build.
Frequently Asked Questions
1. How does the property's value compare to the area?
The home's assessed value is in the top 22% for the Garden City area, meaning it is considered above average compared to its local peers. This indicates a strong relative value within the neighborhood.
2. What is the significance of the lot size?
At over 6,000 sqft, the lot is a notable feature. It's larger than most on the street and above the city-wide average, providing more private outdoor space than many comparable properties—a perk for gardening, recreation, or future expansion.
3. Is the basement finished?
Yes, the listing specifies the basement has been renovated, adding functional living space to the home's footprint.
4. What are the recent sold prices for this home?
Public data shows it last sold in May 2017 for a price between $28.5k and $31.5k. For the exact historical sold price, you can request the information via email from the listing source.
5. How does the age of the home factor in?
Built in 1969, the home is of a typical vintage for its street. Interestingly, within the broader Garden City area, its age places it in the top 5%, meaning it is newer than 95% of comparable area homes—a subtle advantage regarding the potential age of major systems.