9 Primrose Crescent

Property Overview: 9 Primrose Crescent, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Garden City is a practical and straightforward property. Its key characteristic is its above-average living space (1,237 sq ft) for the immediate street, offering more room than most neighbors. It sits on a good-sized, city-wide above-average lot of over 6,000 sq ft, providing ample outdoor space. The home includes a basement and a detached garage. Built in 1956, it is a mature, unrenovated property, which is reflected in its below-average assessed value for the local area.

The appeal lies in its value proposition and potential. It represents an entry point into a established neighborhood with significant lot size. The lower assessment, while indicating a need for updates, also suggests a correspondingly lower property tax burden. This home is ideally suited for a handy buyer or investor looking for a solid foundation to customize, or for a value-conscious purchaser prioritizing indoor and outdoor square footage over modern finishes. It’s less suited for someone seeking a move-in-ready home without any project work.

Section 2: Frequently Asked Questions

1. What does "below average assessed value" practically mean?
It primarily means the municipal tax assessment is lower than many comparable homes in Garden City. This typically results in lower annual property taxes, which is a financial positive, but it often correlates with the home requiring modernization.

2. Is the basement finished?
No. The listing specifies the basement exists but is "not renovated," indicating it is likely undeveloped or in a rough-in state, offering storage or future expansion potential.

3. How does the sold price history work?
The listed sold price (e.g., ~$30.50k - $33.50k in 4/2024) is an estimated range from public data. To obtain the exact sale price, you must request it via email from the site, as they manually verify and provide the precise figure.

4. The living area is above average for the street, but other metrics are below average. Why?
This contrast is insightful. It suggests the home's core structure is spacious, but its value and year-built rankings indicate the condition and fixtures may be dated relative to peers. You're getting more square footage for the price, but that space likely needs investment.

5. What is the significance of the lot size being "city-wide above average"?
While the lot is average for Garden City, it's larger than most lots across all of Winnipeg. This is a valuable, less-obvious asset, offering more privacy, yard space, or future development potential than a typical city lot, which is difficult to add later.