Property Overview: 14 Woodcrest Drive, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a 1,028 sqft, three-level split built in 1962, featuring a renovated basement and a detached garage on a 5,499 sqft lot. Its core appeal lies in being a solid, no-frills property in a well-established neighbourhood. The recently sold price suggests it represents a more accessible entry point into the Winnipeg market, particularly for its area.

The home’s living space is notably compact compared to most peers on its street and in Garden City, which positions it well for first-time buyers, downsizers, or investors seeking a manageable footprint with lower maintenance. The renovated basement adds functional living space, a key update for a home of this era. While the lot size is smaller than many in the immediate vicinity, it remains a good-sized city lot, offering outdoor space without being burdensome.

This property would best suit practical buyers who prioritize location and value over sheer size. It’s a home for someone comfortable with a classic split-level layout, who sees the benefit in a recently updated basement and values the character and maturity of the Garden City neighbourhood. It’s not the largest or newest home on the block, but its assessed value is in line with area averages, suggesting it’s a fairly priced, established property.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others in the area?
At 1,028 sqft, the living area is below the average for both Woodcrest Drive and the broader Garden City area. This makes it one of the more compact options, which can mean lower utility costs and less upkeep.

2. 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 quality of the renovation, what permits were pulled, and how the space is currently configured (e.g., recreational room, additional bedroom, or suite potential).

3. Is the assessed value a good indicator of the market price?
The assessed value is around average for the city and neighbourhood. However, the recent sold price (provided as a range) is the more current indicator of its market value. Assessments are for tax purposes and can lag behind actual market shifts.

4. What are the implications of a 1962 build date?
Built in the early 1960s, the home is older than many in Garden City but is average for Winnipeg overall. This age suggests potential for original components (like plumbing, electrical, or windows) to need updating, but also indicates a well-established, stable structure in a mature neighbourhood.

5. How does the lot size affect the property?
The lot is 5,499 sqft, which is smaller than many on the same street but near the city-wide average. This could mean less yard maintenance than a larger lot, but may also limit expansion possibilities like a large addition or pool. The specific zoning bylaws would determine what is permissible.