Property Overview: 26 Arrowwood Drive S, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Garden City offers a practical and grounded living proposition. Its key appeal lies in a combination of space, value, and location. With 1,138 sqft of living space and a renovated basement, the interior provides functional room for a household. The standout feature is the generous 7,587 sqft lot, which places it in the top 6% for land size on its street. This offers significant outdoor potential—from gardening to expansion—that is increasingly rare.

The home’s assessed value is notably strong for the immediate area, ranking in the top 5% on its street, suggesting it is viewed favorably relative to its neighbors. Built in 1959, it is a classic Winnipeg bungalow, likely with a straightforward layout and the inherent durability of its era. The attached garage adds practical convenience for our climate.

This property would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space. It’s also a smart candidate for a long-term holder who values a larger lot in a established neighborhood, seeing potential in the land itself over a flashy finish. The recent sale history indicates active market interest, pointing to its role as a solid, value-oriented home rather than a luxury statement.

Section 2: Frequently Asked Questions

1. Is the lot size a major advantage?
Yes. The lot is significantly larger than average for Garden City and its own street. This provides more privacy, outdoor space, and future flexibility than most comparable properties.

2. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. A prospective buyer should inquire about the finishes, permits, and whether it includes a separate entrance or additional bedrooms.

3. How does the assessed value impact property taxes?
While the assessed value is high for the street, property taxes are calculated using a city-wide mill rate. A higher assessment typically leads to higher taxes, so this should be factored into the overall affordability calculation.

4. The home sold recently in 2022. Why is it back on the market?
The brief ownership period could be due to many neutral factors like a job relocation, change in family circumstances, or a successful investment flip. Reviewing the listing details for any updates made since 2022 would be insightful.

5. Are there any concerns with a home built in 1959?
Homes of this age are common in Winnipeg. While the core structure is likely solid, attention should be paid to the age and condition of major systems like plumbing, electrical, roofing, and insulation, which may have been updated over time.