Property Overview: 95 Verbena Street, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1961, presents a practical and straightforward opportunity in Winnipeg's Garden City neighborhood. Its key characteristic is balance: with 1,050 sqft of living space and a renovated basement on a 5,719 sqft lot, it sits around or just below average for its immediate area in most metrics, including assessed value. This isn't a standout luxury property, but a solid, typical home for the street.
The appeal lies in its modesty and potential stability. The renovated basement adds functional living space, and the detached garage offers flexibility. The lot size, while below average for the street, is still generous by wider city standards, offering good outdoor space. It suits first-time buyers seeking an entry point into a established neighborhood, downsizers looking for a manageable single-level layout without a condo fee, or value-focused investors. It’s for those who prioritize a functional layout and location over high-end finishes or above-average square footage.
A less obvious perspective is that its "average" rankings across the board could indicate a lower risk of overpaying compared to a top-ranked property on the street, and the below-average living area for the area might translate into lower utility costs and property taxes relative to neighbors.
Section 2: Frequently Asked Questions
1. Is this house a good value compared to others on the street?
Based on assessed value, it ranks right around the middle (Top 53%) for Verbena Street. This suggests it is priced consistently with the local market, neither a standout bargain nor overpriced relative to its direct peers.
2. How does the living space compare to the neighborhood?
At 1,050 sqft, the living area is below the average for both Verbena Street and the wider Garden City area. This indicates a more compact, efficient floor plan, which may appeal to those seeking easier maintenance.
3. What is the significance of the lot size?
The lot is 5,719 sqft, which is below average for Verbena Street but close to the average for Garden City as a whole. You are getting a decent-sized yard, but it is not among the largest on the block.
4. The home sold in 2022. Can I find out the exact sale price?
The listed sale price range is based on public data. The exact sale price is available by request from the website via email, which they provide manually without using your email for marketing.
5. What type of neighborhood is Garden City?
Garden City is a mature, established neighborhood in Winnipeg. The home's consistent "around average" rankings for year built and value on its street suggest a stable, uniform area without extreme variations in property style or worth.