Property Overview: 62 Woodcrest Drive, Garden City, Winnipeg

Key Characteristics & Buyer Appeal

This one-storey home on a 5,500 sqft lot presents a straightforward, renovated living space in the established Garden City neighborhood. With 1,218 sqft of living area, its size is consistently average for its street, area, and the wider city, offering a comfortable footprint without being oversized. A key feature is the renovated basement, adding functional space. The detached garage provides practical storage or workshop potential.

The home’s primary appeal lies in its solid position within a mature community. Built in 1963, it is notably older than many homes on its own street, which can suggest a well-settled, stable block. The assessed value is above average for the immediate area, which often reflects updates and desirability. While the lot size is slightly below average for Garden City, it is manageable and typical for the street itself.

This property would suit a first-time buyer or downsizer looking for a single-level layout with modernized basics in a no-surprises neighborhood. It’s also a practical fit for a value-conscious buyer who appreciates a home that aligns with local norms rather than standing out, and who might see the older vintage on the street as a mark of established character.

Frequently Asked Questions

1. How does this home compare to others on the street?
In direct comparison to its 45 neighbors on Woodcrest Drive, the home is average in living space and lot size, but above average in assessed value and is one of the older homes, ranking 7th oldest out of 45.

2. What does "renovated basement" typically mean here?
While specifics would require a viewing or disclosure, in a 1963 home this generally indicates updated finishes and possibly moisture management, making the space more livable and functional. It’s a significant value-add for storage, recreation, or extra living area.

3. Is the assessed value a good indicator of the selling price?
The assessed value of $34,600 is for municipal tax purposes. The last sold price range (2021) was $30,500-$33,500. Current market value will depend on recent updates, condition, and market trends, but the assessment being above area averages suggests the property is well-regarded.

4. What are the implications of the home being older than most on the block?
This can be a double-edged sword. It means the home has stood the test of time in a desirable location, but it may also require more diligent inspection for aging components like plumbing, electrical, or the foundation, compared to newer homes on the street.

5. How can I get the exact historical sold price?
The listing service provides an estimated range. You can request the exact sold price by emailing them directly through the provided button on the detail page. They manually provide this data without using your email for marketing.