Property Overview

This one-and-a-half storey home on Garwood Avenue in Earl Grey presents a classic Winnipeg character home with modernized practicality. Its key appeal lies in a balanced offering: a renovated basement adds functional living space to the 1,188 sqft footprint, while the detached garage and above-average lot size for the neighbourhood (3,796 sqft) provide valuable outdoor and storage flexibility. Built in 1914, the home is notably older than many on its street, which suggests authentic period charm but also warrants a keen eye on maintenance. The assessed value sits above average for the immediate area, indicating a perception of solid worth, likely bolstered by the renovations and desirable location.

It’s a home that would suit a buyer looking for established community feel in Earl Grey, who appreciates the blend of historic streetscape and updated living spaces. It’s particularly fitting for those who value a larger, private yard over a massive interior, and for whom a detached garage is a priority. The renovated basement makes it viable for small families, work-from-home needs, or simply extra recreational space.

Frequently Asked Questions

How does the home’s age typically affect insurance or maintenance?
Being over a century old, some insurance providers may require specific inspection reports (like for wiring or plumbing) prior to coverage. While the renovated basement is a plus, prospective buyers should budget for and inspect the upkeep common to older homes, such as the foundation, original windows, and roof.

Is the living space smaller than average?
The living area is slightly above average for Garwood Avenue but closer to the mid-range for the broader Earl Grey area. The renovated basement effectively expands the usable space, making the overall functional square footage more competitive than the main floor alone suggests.

What does the above-average assessment value for the street mean?
An assessment above the street average often reflects improvements (like the renovated basement) and desirable lot characteristics. It doesn’t directly set the sale price, but it can indicate strong municipal valuation relative to neighbours, which can be a positive factor in appraisals.

How does the lot size compare?
The lot is a standout feature for Earl Grey, ranking in the top 20% of the neighbourhood. This means more private outdoor space than most nearby properties, offering room for gardening, play, or expansion, which is a significant asset in a mature community.

Are sale prices in the area consistent with assessed values?
The home last sold in late 2020. Market conditions have shifted since then, so recent comparable sales in Earl Grey should be examined. The assessed value is a useful benchmark, but the current sale price will be determined by today’s market dynamics and the home’s specific condition.