Property Overview: 698 Leila Avenue, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic one-storey bungalow built in 1969, presenting a straightforward, functional living space of 960 sqft with an unfinished basement. Its key appeal lies in its generous 6,074 sqft lot, which is notably larger than many in the immediate area and across Winnipeg. This offers significant outdoor space for gardening, play, or future expansion. The home’s assessed value and recent sold price position it as a more accessible entry point into the Garden City neighborhood.
The property suits practical, value-oriented buyers. It’s ideal for a first-time homeowner comfortable with a home that may require updates over time, or an investor looking for a land-advantaged property with a solid baseline structure. Its appeal is less about immediate luxury and more about foundational potential: a manageable house on a premium-sized lot in an established community. A less obvious perspective is that the larger lot and one-storey layout could also appeal to those planning for long-term, single-level living, offering space without the complexity of stairs.
Section 2: Frequently Asked Questions
1. What is the actual condition of the home?
The listing notes the basement is "not renovated," indicating it is unfinished. The main living areas are functional, but buyers should budget for potential updates typical of a home from this era, such as flooring, kitchen, or bathroom modernizations.
2. How does the lot size compare to others?
The land area is a standout feature. At over 6,000 sqft, it ranks in the top 18% on its own street and the top 29% citywide, offering more private outdoor space than the average Winnipeg property.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value is for tax purposes and is often lower than market value. The home sold in mid-2023 for between $305,000 and $335,000, which is a more current benchmark, though market conditions change.
4. What are the implications of having no garage?
There is no garage on the property. This means parking is limited to driveway or street parking, and storage or workshop space will need to be created within the basement or a future shed.
5. How does this home rank within Garden City?
Its living space is smaller than most in the wider Garden City area, but its lot size is around the neighborhood average. Its year built is actually newer than 95% of comparable homes in the area, suggesting it may have more modern core systems than many neighbors.