Property Overview: 11 Woodcrest Drive, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Garden City is a practical and well-sized property built in 1962. Its key feature is a renovated basement, adding valuable finished living space to the 1,398 sqft footprint. The home sits on a 5,500 sqft lot, which is a very typical size for the immediate street but slightly smaller than many lots in the broader Garden City area.

The primary appeal lies in its solid, above-average living space for both the street and neighbourhood, coupled with the modernized basement. Its assessed value is consistently average against all comparison groups, suggesting it is a fairly priced home in its market context. The recent sale in mid-2024 indicates a stable and active market for the property.

This home would best suit first-time buyers, downsizers, or anyone seeking the convenience of single-level living with the bonus of a finished lower level. It’s a straightforward property for someone who values more interior space over a larger yard and appreciates a home that has seen some updates. A thoughtful perspective is that while the lot size is not expansive, its very typical dimensions for Woodcrest Drive contribute to a consistent streetscape and neighbourly feel, which can be appealing.

Section 2: Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 1,398 sqft, this home offers more living area than most comparable homes on its street (top 18%) and in the Garden City neighbourhood (top 22%), making it a spacious option in its local context.

2. Is the assessed value a good indicator of the sale price?
The home’s assessed value is around $35,300, which is average for the area. The reported sold price range from July 2024 ($35,500 - $38,500) aligns closely with this assessment, suggesting the sale was likely near market value.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finishes, the presence of proper permits, and whether it includes a bedroom, bathroom, or simply finished recreational space.

4. How does the lot size impact the property?
The 5,500 sqft lot is standard for Woodcrest Drive but is below the average lot size for Garden City as a whole. This means yard space is adequate but not oversized, which could mean less maintenance but also less private outdoor space than some neighbouring properties.

5. The home was built in 1962. What should I consider?
While the basement has been renovated, the core structure and major systems (like plumbing, electrical, and the roof) are over 60 years old. A thorough inspection is recommended to understand the condition and potential future maintenance needs of these original components.