Property Overview: 29 Mccurdy Street, Garden City, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1956, offering a practical and affordable entry point into Winnipeg’s Garden City neighbourhood. Its key characteristic is its modest 998 sqft living area, which is notably smaller than most comparable homes on its street and in the area. This is balanced by a fully renovated basement and an attached garage. The lot size is a significant asset, at 6,048 sqft, which is above average citywide and provides ample outdoor space relative to the home's footprint.

The primary appeal lies in its value proposition. With an assessed value significantly below the averages for its immediate street and neighbourhood, it represents a lower-barrier option in a well-established community. It suits first-time buyers, downsizers, or investors seeking a straightforward, manageable property where the value is anchored more in the land and location than in the size of the dwelling. The renovated basement adds functional living space, making the overall package more versatile than the main floor square footage alone might suggest. A thoughtful perspective for a buyer is to see this not just as a small house, but as a large lot with a compact, updated home—a canvas for future expansion or simply for enjoying generous outdoor space without the maintenance of a larger interior.

Frequently Asked Questions

1. Is the house too small?
At 998 sqft on the main floor, it is smaller than typical area homes. However, the renovated basement effectively doubles the usable living space, making it more functional for daily life than the initial square footage implies.

2. Why is the assessed value so much lower than neighbours'?
The assessed value reflects the property’s specific attributes, primarily its smaller building size and age. It ranks in the lower tier on Mccurdy Street itself but is closer to the citywide average, indicating you are paying less for the location while still benefiting from it.

3. What is the potential for future expansion or renovation?
The above-average lot size is a key asset here. It provides a notable opportunity to expand the home in the future (subject to zoning and permits), which is a less obvious advantage not always available on similarly priced properties with smaller lots.

4. How does the sale history affect the current value?
The home sold in early 2016 for a price range between $225k and $255k. Market conditions have evolved significantly since then. This history provides context, but the current assessed value and recent area comparables are more critical for determining today's market value.

5. What is the neighbourhood like for a small, older home?
Garden City is a mature, established neighbourhood. This home fits the profile of the original builds in the area. It would suit someone seeking a quiet, community-oriented setting without the premium price tag of a larger, fully modernized home, offering a chance to live in the area at a more accessible price point.