Property Overview: 26 Kimwood Bay, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Garden City is a practical and straightforward property. Its key characteristics include 1,130 sqft of living space, a renovated basement, a detached garage, and a 5,692 sqft lot, all built in 1960. The appeal lies in its manageability and value. The home is smaller and has a lower assessed value than most on its street and in Garden City, which presents an opportunity for a more affordable entry into a established neighbourhood. The renovated basement adds functional living space without the need for immediate work.

This property would suit first-time buyers or downsizers seeking a single-level layout without major renovations. It’s also a pragmatic choice for value-focused investors or buyers who prioritize a larger yard (which this lot offers compared to many city-wide properties) over above-average interior square footage. A thoughtful perspective is that while it ranks below average on its own street in several metrics, this can mean less property tax burden relative to neighbours and a chance to add value in a stable area.

Section 2: Frequently Asked Questions

1. Is the sold price history shown the exact price?
No, the listed sold price is a range based on public data. You can request the exact sold price by emailing the site; they provide this as a manual service without marketing spam.

2. How does this home compare to others in the area?
The data shows it’s a more compact and modestly assessed home compared to most on Kimwood Bay and in the Garden City area, but it sits close to the city-wide averages for living space and lot size. This suggests it’s a typical Winnipeg home, just on a street with some larger properties.

3. What does the "Top 100%" ranking for Assessed Value on the street mean?
A "Top 100%" rank here indicates the property has the lowest assessed value (rank 27 out of 27) on Kimwood Bay. This isn't a positive ranking in the traditional sense; it confirms this is the most tax-affordable home on the street.

4. Does the renovated basement include a separate suite?
The listing states the basement is renovated but does not specify it as a legal suite. Buyers should verify the permits and nature of the renovation to understand its legal use and potential.

5. Why is there such a large gap between the assessed value ($31.5k) and the city-wide average comparable value shown ($390k)?
This is likely a display error or formatting issue in the data table. Assessed values for homes in Winnipeg are typically in the hundreds of thousands. The "31.50k" figure may be an abbreviated or misplaced metric. Always verify the current assessed value and market value through official sources or a real estate professional.