Property Overview
This one-storey home at 999 Sinclair Street in Winnipeg's Garden City neighborhood presents a practical and well-maintained living option. Its key appeal lies in offering above-average space and value within its immediate area, anchored by a renovated basement and an attached garage. The 1,276 sqft living area is notably larger than many comparable homes on Sinclair Street, and the property sits on a generous 6,000 sqft lot. Built in 1969, it is a relatively newer home for the Garden City area. The data suggests a property that stands out on its own street for its size and assessed value, while being a solid, average offering in the wider city context. It would suit first-time buyers, downsizers looking for single-level living, or value-focused investors seeking a turnkey property with rental potential from the finished basement.
Key Considerations & FAQs
1. What is the likely price range based on recent sales?
While exact figures require a direct request, the last recorded sale was between $30.5k and $33.5k in September 2020. The current assessed value is $37.5k. Market conditions have changed since 2020, so a current appraisal or comparative market analysis is essential.
2. How does this home compare to others in Garden City?
The home ranks above average in Garden City for both living area and assessed value. A less obvious point is its year of construction (1969), which places it in the top 5% for being newer than comparable homes in the neighborhood, potentially indicating updates or less concern over aging components common in older builds.
3. What are the advantages of a renovated basement?
The finished basement immediately adds functional living space without the need for investment or renovation work. It provides flexibility for a recreation room, home office, or separate living area, which is a significant asset for families or those planning to generate rental income.
4. Is the lot size a benefit?
At 6,000 sqft, the lot is larger than average for Sinclair Street. This offers more private outdoor space, gardening potential, and room for additions like a shed or deck. It's a feature that adds long-term value and livability beyond the interior square footage.
5. Who might this property not suit?
Buyers seeking a modern, open-concept layout or extensive high-end finishes may find this home requires updates. As a one-storey design, it offers no additional bedrooms or living space on a second floor, which could be a limitation for larger families wanting segregated sleeping areas. Its appeal is fundamentally in its solid, above-average fundamentals for the street rather than luxury features.