Property Overview: 727 Mcadam Avenue, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1955, presents a solid and practical opportunity in Winnipeg's Garden City neighborhood. Its key appeal lies in its balance of a renovated basement, a detached garage, and a lot size that is generous for its immediate street. The home’s assessed value ranks notably high compared to others on Mcadam Avenue, suggesting it is viewed as a above-average property within its most direct peer group.
The property would suit first-time buyers or downsizers looking for a manageable single-level layout with modernized living space extended into the basement. It also appeals to value-conscious buyers who prioritize a home with a strong assessment relative to its neighbors, indicating good upkeep or improvements. A less obvious perspective is that, while the lot is below average for Garden City overall, it is above average for its specific street, offering more private outdoor space than many nearby homes—a localized advantage. The data shows a home that isn’t the largest or newest in the broader area, but one that holds its own and offers a sense of established stability.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the area?
At 1,166 sqft of living area, it is very close to the average for both Mcadam Avenue and the wider Garden City neighborhood, offering typical space for the community.
2. What does the assessed value ranking mean?
The $340k assessment places this home in the top 19% on its street, meaning it is valued higher than most direct neighbors. This often reflects updates, condition, or lot desirability.
3. Is the lot size a pro or a con?
The 5,402 sqft lot is larger than the average lot on Mcadam Avenue, providing good space. However, it is smaller than the average lot for all of Garden City, so it depends on your priority: street-level comparison or neighborhood-wide comparison.
4. What is the significance of the year built (1955)?
On Mcadam Avenue, a 1955 build is newer than most homes, ranking in the top 13%. However, within all of Garden City, it is an older home, ranking in the bottom 3%. This highlights the varied character of the neighborhood.
5. How can I find the exact historical sale price?
The listed sale price is a public data range. The exact sale price is available by request via email from the listing source, which they provide manually without using your email for unsolicited marketing.