Property Summary: 92 Arrowwood Drive N, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1959, presents a solid, no-fuss opportunity in Winnipeg's Garden City neighborhood. Its key appeal lies in its balance and practicality. With 1,089 sqft of living space, it sits comfortably in the average range for the area, making it a manageable size for many. A notable feature is the renovated basement, adding valuable finished space. The property stands out for its land size—at over 6,000 sqft, the lot is larger than many peers locally and city-wide, offering ample outdoor potential. The detached garage provides flexible storage or workshop space.
The home’s assessed value is consistently around the neighborhood average, suggesting it is priced in line with market norms without unexpected premiums. Its history shows steady, modest appreciation over recent years. This property would suit first-time buyers seeking an entry point into a stable community, downsizers looking for a manageable single-level layout with a generous yard, or value-focused investors attracted by the renovated basement’s income potential and the lot’s inherent value. Its appeal is grounded in being a straightforward, proportional home in a mature area, where the land itself represents a significant portion of the asset.
Section 2: Frequently Asked Questions
1. Is the lot size a major advantage?
Yes. The land area of 6,048 sqft ranks in the top 30% on its street and city-wide. This is a less obvious but valuable asset, providing more privacy, space for gardening, play, or future expansion than many comparable properties.
2. How does the home’s age affect maintenance?
Built in 1959, the home is of a typical vintage for the area. Buyers should budget for updates consistent with a home of this era, such as roofing, windows, or mechanical systems. The renovated basement is a positive, but a thorough inspection of the original structure is advisable.
3. What does the "around average" ranking for size and value really mean?
It indicates this home is not an outlier. It’s a standard-sized property priced squarely within its market context. For buyers, this means lower risk of overpaying versus the neighborhood, but also less immediate "steal of a deal" equity from the purchase price alone.
4. Is the detached garage a pro or con?
It depends on preference. It offers excellent storage, workshop space, and avoids taking up living area footprint. However, it requires going outside to access, which can be a consideration during Winnipeg winters compared to an attached garage.
5. How can I get the exact historical sold prices?
The exact sold prices are not published publicly. As noted on the listing, you can request this information by emailing the provided service. They manually provide the accurate figures, typically by the end of the same business day, without using your email for unsolicited marketing.