Property Overview: 207 Gilia Drive, Garden City, Winnipeg

Key Characteristics & Appeal

This one-storey home on Gilia Drive is a solid, mid-century property that stands out for its above-average condition and lot size within its immediate neighbourhood. Built in 1968, it is notably newer than most homes on its street and in the wider Garden City area, which can be a significant advantage for maintenance and systems. The 1,266 sqft living space is complemented by a renovated basement, adding functional space, and an attached garage. The nearly 6,000 sqft lot is spacious for the area, offering good outdoor potential.

Its primary appeal lies in its balanced, move-in-ready profile within a well-established community. The data suggests it’s a property that has been cared for, with an assessed value that ranks well above average for the street. It perfectly suits first-time buyers or downsizers looking for a manageable single-level layout without a major project, or an investor seeking a stable rental property in a mature neighbourhood. A less obvious angle is its appeal to buyers who value statistical outperformance; this home ranks better than most of its direct neighbours in key metrics like year built and assessed value, indicating a potentially better-preserved asset on a street of older homes.

Frequently Asked Questions

1. How does the home’s size compare to the area?
At 1,266 sqft, the living area is very close to the average for both Gilia Drive and the broader Garden City neighbourhood, offering standard-sized family space without being unusually large or small.

2. The assessed value is listed as $36.50k. Is that the market value?
No. This is a provincial assessment value for tax purposes, not a market price. It is useful for comparison, showing this home is assessed higher than 78% of similar properties on its street. Market value is determined by current sale prices.

3. What does the “renovated basement” entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection or inquiry with the seller is recommended to determine the finish quality, permits, and the nature of the renovations (e.g., cosmetic updates versus structural/foundation work).

4. The home sold in late 2016. What can that price history tell me?
The previous sale price (a range of $265k-$295k) provides a historical benchmark, but it is not a direct indicator of current value. Market conditions have likely changed significantly since 2016. This history is most useful for understanding the property’s price trajectory over a long period.

5. Why is the year built (1968) considered a standout feature?
For this specific street and area, 1968 is a relatively recent build date. It ranks in the top 2% on Gilia Drive, where the average home was built around 1961. This suggests potentially newer major components (like plumbing, electrical, or the roof) compared to many immediate neighbours, which can mean fewer near-term updates.