Property Overview

24 Glengarry Drive is a well-situated, one-storey home in Winnipeg's Agassiz neighbourhood. Built in 1961, it sits on a large, 6,594 sqft lot, which is notably larger than most in the immediate area. The home features a renovated basement and a detached garage. Its key appeal lies in the combination of a spacious, established lot in a mature neighbourhood and the value-add potential of the updated basement space. It last sold in late 2020.

This property would suit a few specific buyer types. First, it's a strong candidate for those seeking a starter home or a downsizing opportunity in a quiet, established area, where the single-level living is a major plus. Second, it appeals to value-conscious buyers or investors who see potential in the generous lot size and the already-completed basement renovation, viewing it as a solid foundation for future updates to the main living area.

Frequently Asked Questions

1. How does the lot size compare to the neighbourhood?
The 6,594 sqft lot is a significant feature, ranking in the top 15% for size on Glengarry Drive itself and in the top 13% within the wider Agassiz neighbourhood. This offers more outdoor space than is typical for the area.

2. What is the relationship between the assessed value and recent sale price?
The home's municipal assessed value is $45,900, but it sold for $400,000 in November 2020. This large discrepancy is common and reflects that assessed value is used for tax purposes and often lags behind market value, which is determined by what buyers are willing to pay.

3. Is the home newer or older compared to others nearby?
Built in 1961, the home is slightly older than the median for its street and is about average for the Agassiz neighbourhood. It is, however, newer than about 61% of homes across Winnipeg, placing it in a fairly common vintage for the city's mature suburbs.

4. What does the "renovated basement" typically imply?
While specifics aren't listed, this usually indicates finished living space, such as a rec room, additional bedroom, or bathroom. It's a key functional upgrade that adds liveable square footage beyond the main floor's 1,333 sqft.

5. Who might the detached garage be important for?
Beyond vehicle storage, a detached garage is often valued by hobbyists, woodworkers, or those who need dedicated workshop space, as it separates noise and activity from the main house. It also offers flexibility for future projects like a garage suite, subject to zoning.