Property Overview
This one-storey home at 888 Airlies Street in Winnipeg's Garden City neighborhood presents a practical and value-conscious opportunity. Its key appeal lies in a balance of space, recent updates, and a lot size that offers room to breathe. The home features 1,046 sqft of living space, a renovated basement, and a detached garage on a notably large 6,048 sqft lot. Built in 1959, it sits well within the established character of the area.
The property suits first-time buyers seeking a manageable, single-level layout with modernized essentials, or investors looking for a solid rental property in a stable neighborhood. Its above-average lot size for the street and city is a less obvious advantage, providing valuable outdoor space or future expansion potential not always found in this price range. While the living area is modest compared to some city averages, the renovated basement effectively adds functional space. The assessed value positions it as a strong contender within its immediate area, suggesting a good entry point into the market.
Frequently Asked Questions
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point to clarify with the seller or agent to understand if it includes a legal suite, additional bedrooms, or simply finished living space.
How does the assessed value relate to the likely selling price?
The home's assessed value is $35.80k, but it last sold for an estimated $35.50k–$38.50k in mid-2022. In Winnipeg, assessed value for tax purposes and market value can differ. The recent sale history is a more direct indicator, but current market conditions will ultimately determine the price.
Is the lot size a significant advantage?
Yes. The lot is in the top 25% for size on Airlies Street and the top 30% citywide. This is a standout feature, offering more yard space than many comparable properties and potential for gardening, play areas, or future additions like a shed or deck.
What are the implications of a detached garage?
A detached garage provides secure storage and parking but means a walk to and from your vehicle in winter. It can also free up more space on the lot for other uses compared to an attached structure.
How does this home compare to others in Garden City?
The data shows this home is around average for the neighborhood in terms of living area and assessed value. Its lot size, however, is above average for the area. This suggests you're getting a competitively priced home with a better-than-typical yard.