Property Overview: 35 Galaxy Way, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Leila-Mcphillips Triangle offers a practical and comfortable living space. Its key characteristics include 1,509 sqft of living area, an attached garage, and a renovated basement. Built in 1987, the home is newer than many in Winnipeg, which can be appealing for maintenance and system updates. The lot is a generous 6,492 sqft, providing ample outdoor space.
The appeal lies in its balanced position within the market. While the living space is slightly more compact than some immediate neighbors on Galaxy Way, it is above the city-wide average, making it an efficient use of space. The assessed value of $430,000 positions it as a mid-range option in the area, offering good value relative to the broader city. The renovated basement adds functional living space without the need for immediate projects.
This property would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established neighborhood. It’s also a sensible fit for value-conscious buyers who appreciate a home that is newer than the city's average stock and has key updates already completed, allowing them to settle in without major renovations.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,509 sqft, the living area is above the Winnipeg city average but slightly below the average for its specific street. This suggests a efficient floor plan that maximizes the available space.
2. What does the assessed value tell me about this property?
The $430,000 assessment is around the average for both the Leila-Mcphillips Triangle area and the city overall. On its own street, it ranks on the higher end, which can indicate it is well-maintained or has features that add value relative to its immediate neighbors.
3. Is the lot size a significant feature?
Yes. The 6,492 sqft lot is above average for Winnipeg, offering more private outdoor space than many city properties. This is a notable asset for gardening, recreation, or future expansion.
4. The home sold in 2021. What can that price history indicate?
The recorded sale price range from 2021 provides a recent market benchmark. Understanding how the current assessment compares to that sale price can offer insight into market trends and the property’s perceived value change.
5. Who would this home not be ideal for?
Buyers seeking a very large interior footprint or a brand-new build might find it limiting. Similarly, those prioritizing a home that ranks at the very top of its immediate street in terms of size or value may prefer other options.