Property Overview: 38 Buttercup Avenue, Garden City, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Garden City offers solid, move-in-ready fundamentals. Its key feature is a renovated basement, adding valuable finished living space to the 1,254 sqft footprint. The home sits on a generous 6,046 sqft lot, which is notably above average compared to lots citywide, providing ample outdoor space. Built in 1961, it is among the newer homes on its street, suggesting potentially fewer age-related concerns than some neighbors.

The appeal lies in its balanced, above-average positioning within its immediate neighborhood. It ranks well for living space and year built on Buttercup Avenue, indicating a good standard for the street. It’s a property that doesn’t stand out for luxury but for offering more reliable, updated basics (like the basement) and a larger yard than many city homes. This would suit practical buyers—first-time homeowners, small families, or downsizers—looking for a single-level living option in a established community without major renovation projects. The detached garage adds functional storage or workshop space.

A less obvious perspective is the value of its "street-level" rankings. While citywide metrics may show it as average, its stronger standing within its own micro-market on Buttercup Avenue could mean better long-term value retention and appeal to neighbors who prioritize the specific character and comparables of the street.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" typically include?
While specifics should be verified with a viewing or the listing agent, a renovated basement in a home of this era usually means it has been finished into a livable space, potentially including a rec room, additional bedrooms, or a bathroom. It signifies the major work of making the space dry, insulated, and legally habitable is already complete.

2. How does the assessed value relate to the likely selling price?
The assessed value ($35.80k) is for municipal tax purposes and is typically far below market value. The recent sold price range (July 2024: $41.5k - $44.5k) is a much more accurate indicator of its current market value. Always rely on recent comparable sales, not the tax assessment, to gauge price.

3. Is the land size a significant advantage?
Yes, particularly from a city-wide perspective. The lot is in the top 30% in Winnipeg for size, which is a substantial asset. This allows more privacy, gardening space, play area, or future expansion potential (subject to zoning) than is available with a standard lot.

4. What are the implications of the home being "among the newer on the street"?
This can be a positive indicator. It may mean that core components like wiring, plumbing, or the foundation could be in relatively better condition than those in older homes on the block, potentially reducing the risk of costly, immediate updates.

5. Why is the sold price history provided as a range?
The site uses publicly available data to estimate sale prices to provide general market context. To get the exact sale price—which is crucial for accurate valuation—you must request it directly via their email service. This is a common practice to ensure serious users receive verified data while complying with data distribution rules.