Property Overview: 3 Gallant Cove, Winnipeg
Key Characteristics & Appeal
This home at 3 Gallant Cove in Mission Gardens is a study in contrasts, offering a modern build within a well-established context. Built in 2010, it is one of the newer homes on its street and in the broader area, suggesting less immediate need for major system updates. With 1,318 sqft of living space, it is notably compact compared to its immediate neighbors but is actually above average for the Mission Gardens area, positioning it as a efficient, lower-maintenance footprint.
The property’s primary appeal lies in its desirable location within Mission Gardens, underscored by a strong assessed value that ranks in the top 12% of the neighborhood. This indicates it is viewed favorably within a sought-after area. However, the lot size is the smallest on Gallant Cove, which may mean a smaller yard but also less exterior upkeep.
This home would suit first-time buyers or downsizers seeking a modern, move-in-ready property in a prime neighborhood without the upkeep of a larger house or yard. It’s also a pragmatic choice for investors or buyers focused on location who prioritize interior space over expansive outdoor land. The recent sale in the 2024-2025 period suggests a stable, current market value.
Frequently Asked Questions
1. Is the smaller lot size a significant drawback?
While it is the smallest lot on the street, at 4,486 sqft it is close to the average for the Mission Gardens area. It offers a manageable yard, which can be a benefit for those seeking lower maintenance.
2. How does the living space feel compared to the neighborhood average?
The home is more compact than others on Gallant Cove but is larger than the typical Mission Gardens home. This suggests an efficient use of space that may feel comfortable for many, though it is not a sprawling layout.
3. What does the high assessed value ranking for the area indicate?
Ranking in the top 12% for assessed value in Mission Gardens is a strong signal of the property’s perceived worth within this specific, desirable neighborhood, often reflecting factors like location, condition, and recent sales.
4. The home sold recently. What does that price range indicate?
The 2024 sale price range of CA$450k–500k placed it in the top 7% for the area at that time, confirming a strong market demand for well-positioned, modern homes in Mission Gardens.
5. As a newer home, what should I still check during an inspection?
Even though it’s only 16 years old, an inspection should focus on the roof, HVAC system, and exterior finishes, as these are typical maintenance points for homes of this age. Its newer build date, however, means major structural or foundational issues are less likely.