33 Garvie Walk

Property Overview: 33 Garvie Walk, Winnipeg

Key Characteristics & Appeal

This 928 sqft home, built in 1978, presents a distinct value profile within its immediate neighbourhood of Munroe East. Its primary appeal lies in its competitive positioning on Garvie Walk itself. While the living space is modest compared to broader city averages, the property boasts an assessed value that ranks in the top 10% on its street, suggesting it is a well-regarded asset in its micro-location. The year-built ranking is also notably strong, indicating it is one of the newer homes in the area.

The lot size of 2,504 sqft is typical for the street but smaller than most in the wider Munroe East area. This creates a lower-maintenance yard, which can be a practical advantage. The home last sold in the 2024 price range of CA$250k–300k, placing it above the street average.

This property would suit a first-time buyer or downsizer seeking an entry point into a stable neighbourhood with a home that requires less upkeep. It’s also a practical choice for an investor looking for a manageable rental property with a strong assessed value relative to its immediate peers. A thoughtful perspective is that its standout rankings on its own street for value and age may offer a degree of insulation from market fluctuations compared to neighbouring, older, or lower-assessed homes.

Frequently Asked Questions

1. How does the assessed value compare to the recent sale price?
The home was assessed at $27,700 and sold for between $250,000 and $300,000 in 2024. This large difference is normal; municipal assessed value for taxation purposes is typically much lower than actual market value.

2. Is the living space too small?
At 928 sqft, it is below the average for the city and even for Garvie Walk. It is a compact layout, best suited for individuals, couples, or small families who prioritize efficient living over ample space.

3. What does the "Elite" ranking for year built mean?
It means 33 Garvie Walk is among the very newest homes (top 4%) in the Munroe East area. Built in 1978, it is newer than 96% of comparable properties nearby, which may suggest updated infrastructure compared to older neighbourhood homes.

4. The lot seems small. Is that a concern?
The lot is average for Garvie Walk but smaller than most in Munroe East. This translates to less yard maintenance, which can be a benefit for those not wanting extensive outdoor work, but offers less private outdoor space.

5. How can I find out the exact sold price?
The exact sold price is not publicly displayed due to data privacy. You can request it by email via the button on the listing page. The service is manual, with a reply promised by the end of the same day, and your email will not be used for marketing spam.