Property Overview
This 1956 one-storey home at 812 Airlies Street in Winnipeg's Garden City neighborhood presents a straightforward, grounded opportunity. With 1,031 sqft of living space and a renovated basement, it sits on a notably generous 6,047 sqft lot—larger than many on its street and in the wider city. Its assessed value is around average for Winnipeg, but positions it as a more accessible entry point within its own neighborhood. The home lacks a garage and pool, focusing its value on solid basics and land size.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance of a manageable, updated living space and a substantial lot in a mature community. The renovated basement adds functional space, while the above-average land area offers valuable outdoor potential—a relative rarity. It suits first-time buyers or downsizers looking for a lower-maintenance, single-level home without sacrificing yard space. It also appeals to value-focused buyers who see potential in a large lot over time, perhaps more than in the existing structure itself. The data suggests you're paying for a decent-sized piece of Garden City, with a liveable house included, rather than for premium finishes or square footage.
Frequently Asked Questions
1. Is the lot size a significant advantage?
Yes. The lot is in the top 30% for size citywide and is larger than most directly on Airlies Street. This provides more privacy, gardening space, or future outdoor living potential than many comparable properties.
2. How does the value compare within Garden City?
The home's assessed value is in the bottom 6% for the Garden City area, making it a more affordable option in this neighborhood. You are effectively trading a smaller and older-than-average house for the location and lot.
3. What should I know about the 2018 sale price?
The home sold for an estimated $23.5k–$26.5k in early 2018. The current assessed value is higher, reflecting market changes and likely the basement renovation. It's essential to get the exact sale price and understand recent market trends for a clear picture.
4. What are the implications of having no garage?
This is a practical consideration for vehicle storage and additional workshop or storage space. The large lot may offer room to add a shed or future garage, subject to local bylaws and permits.
5. How does the living space compare to nearby homes?
At 1,031 sqft, the living area is below the average for both Garden City and Winnipeg overall. This indicates a compact, efficient floor plan. The renovated basement is a key factor in offsetting the main floor's smaller size.