Property Overview & Key Characteristics

This one-storey home at 27 Doug Mckay Place in Winnipeg's Garden City neighborhood is a practical, no-frills property. Built in 1968, it features a renovated basement and a detached garage on a 5,585 sqft lot. With 1,072 sqft of living space, it is notably compact compared to most homes on its own street and in the immediate area, though it aligns more closely with city-wide averages. Its assessed value is strong for Garden City, ranking above average in the neighborhood, which suggests it is viewed favorably relative to local norms.

The appeal here lies in its efficiency and relative value. The renovated basement adds functional living space, making the smaller main floor footprint more manageable. It suits first-time homebuyers seeking an entry point into the market, downsizers looking for a single-level layout without a large property to maintain, or pragmatic investors interested in a neighborhood where the property's assessment outperforms many peers. A less obvious perspective is that a smaller home on a decent-sized lot presents a clear long-term opportunity: the land itself holds value and offers potential for future expansion or landscaping projects that a larger house might not accommodate as easily.

Frequently Asked Questions

1. How does the size of this home compare to others?
It is smaller than most comparable homes on Doug Mckay Place and in the Garden City area, though it is closer to the average size when compared city-wide. This makes it a more efficient, lower-maintenance space.

2. What does the assessed value ranking indicate?
The assessment ranks in the top 30% for Garden City, meaning it is valued higher than most neighborhood properties. This can indicate good relative condition, desirable features, or a strong location within the area, but it's important to verify this with a current market appraisal.

3. Is the lot size a drawback?
The lot is below average for both the street and Garden City. However, at over 5,500 sqft, it still provides ample outdoor space for a garden, patio, or play area, and is near the city-wide average, offering a balance between yard maintenance and usable land.

4. What is the significance of the sold price history showing a range?
The listed sold price from 2016 is an estimated range based on public data. For the exact historical sale price, you must request it directly from the source. This is a common practice to ensure accuracy and compliance with data regulations.

5. Who would this property suit best?
It is well-suited for buyers prioritizing value and practicality over square footage. This includes first-time buyers, those downsizing from a larger home, or investors looking for a property with a strong assessment foundation in a established neighborhood. The renovated basement is a key feature that adds flexibility to the living space.