Property Overview: 903 Sinclair Street, Garden City, Winnipeg
This one-storey home on a spacious lot presents a practical opportunity in Winnipeg's Garden City neighbourhood. Built in 1964, it features 1,227 sqft of living space and a renovated basement. The detached garage and above-average 6,160 sqft lot offer flexibility for parking, storage, or outdoor projects.
Key Characteristics & Appeal
The primary appeal of this property lies in its solid fundamentals and value within its context. Its assessed value ranks above average for both the street and the broader Garden City area, suggesting it is viewed favorably relative to its peers. The lot size is a significant asset, providing more outdoor space than many nearby properties. The renovated basement adds functional living space. This home suits first-time buyers seeking an entry point into a established neighbourhood, or practical-minded owners looking for a manageable, single-level layout with room to grow outdoors. It’s a home that offers more yard than typical, with interior updates already started in the basement, appealing to those who value space and some modernization over a brand-new build.
Frequently Asked Questions
1. How does the sold price history inform the current value?
The property sold in late 2024 for between $39.5k and $42.5k, which was above its assessed value at the time. This recent sale provides a concrete benchmark for its market value.
2. What does the "above average" assessed value ranking mean?
It means this home’s official assessed value is higher than most comparable homes on its street and in Garden City. This often reflects desirable attributes like the renovated basement and larger lot, but it's also a factor in property tax calculations.
3. Is the living space smaller than average?
At 1,227 sqft, the above-ground living area is close to the neighbourhood average. The renovated basement effectively increases the total usable space, making the home feel more spacious than the main floor square footage alone suggests.
4. Who might the detached garage and large lot benefit most?
The setup is ideal for owners with hobbies, multiple vehicles, or a need for storage. The generous lot also presents opportunities for gardening, adding a patio or deck, or future expansion, subject to local bylaws.
5. How does the age of the home (1964) factor in?
Built in the mid-1960s, the home is typical for the area. Buyers should budget for maintenance and updates consistent with a home of this era, while appreciating the character and established landscaping of an older neighbourhood.