Property Overview

This two-storey home at 748 Garwood Avenue in Winnipeg's Earl Grey neighbourhood presents a practical and updated living space. Its key appeal lies in being a well-maintained, above-average offering within its immediate streetscape, particularly when compared to neighbouring homes. With 1,280 sqft of living space, it is notably larger than the average home on Garwood Avenue. It also benefits from a renovated basement and a detached garage. Built in 1962, it is a newer construction compared to many character homes in the area, which often date back to the early 1900s. The lot size is more compact at 2,531 sqft, which translates to less yard maintenance.

This home would suit first-time buyers or small families looking for a move-in-ready property in a central, established neighbourhood without the upkeep demands of a century-old house. It’s also a sensible choice for value-conscious buyers seeking a home that outperforms its direct neighbours in terms of living space and modern updates, even if the lot size is smaller than the citywide average.

Frequently Asked Questions

How does this home compare to others in Earl Grey?
The data shows this home is a standout on its own street. It ranks in the top 16% for living area on Garwood Avenue, meaning it's significantly larger than most houses right around it. Compared to the broader Earl Grey area, it holds its own as average or above in key categories like size and assessed value.

Is the lot size a concern?
The land area is more compact than many city lots. For buyers who prefer low-maintenance outdoor space, this is a benefit. For those envisioning extensive gardens, additions, or large outdoor entertaining areas, it may feel limiting. It's a trade-off that prioritizes the home's interior space over its yard.

What does the "renovated basement" likely include?
While specific finishes aren't listed, a renovated basement in a home of this era and assessed value typically means it has been finished into a livable space—likely including a recreational room, additional storage, and proper flooring, ceiling, and lighting. It's a key feature that adds functional square footage.

The home last sold in 2016. What does that indicate?
An 8-year ownership period suggests the sellers were not short-term flippers, but rather residents who likely maintained the property. It can indicate stability, though it's always wise to ask what updates have been made during that time to understand the home's current condition.

How useful is the assessed value for determining market price?
The assessed value (34.20k) is for municipal tax purposes and is not a market valuation. The last sale was in 2016 for $230,000. Current market price will be determined by recent sales of comparable homes, condition, and market demand. The assessment is best used to compare its municipal tax standing relative to neighbours.