Property Overview
This two-storey home at 1-765 Scotland Avenue in Winnipeg's Earl Grey neighbourhood presents a compelling blend of modern convenience and established community. Built in 2015, it is notably newer than most homes in the area, offering contemporary construction without the wait of a new build. Its key features include a renovated basement, a detached garage, and a comfortable 1,596 sqft of living space, which ranks well above average for both the street and the neighbourhood.
The appeal lies in its position as a move-in ready, low-maintenance property within a sought-after area. The data underscores its standout characteristics: its assessed value places it in the top tier for Earl Grey, suggesting a premium property for the locale, and its modern build year means major systems like roofing, windows, and HVAC are relatively young. It suits buyers looking for the charm of an established neighbourhood but with the practical benefits and modern floorplan of a newer home. A thoughtful perspective is the lot size: while the home itself is spacious, the land area is more compact compared to city-wide averages. This translates to less yard maintenance—a perk for some—but may be a consideration for those envisioning extensive gardens or expansions.
Frequently Asked Questions
1. How does the property’s value compare to the recent sale price?
The home sold in June 2023 for $65.70k, which is higher than its current assessed value of $56.80k. This indicates a strong market transaction that exceeded the municipal assessment at that time.
2. What does the "Elite" or "Top" ranking for assessed value in Earl Grey mean?
This statistical ranking shows the home's assessed value is higher than approximately 97% of comparable properties in the Earl Grey neighbourhood. It signifies this is a premium-priced property within this specific community context.
3. Are there other similar, newer homes nearby?
Yes, the listing notes several nearby properties on Scotland Avenue built in 2024, suggesting the immediate area is seeing new construction and infill development, which can be a positive indicator of neighbourhood demand.
4. What are the implications of the smaller land area?
At 2,474 sqft, the lot is more compact than many city properties. This typically means lower exterior maintenance and potentially lower property taxes on the land portion, but it also limits potential for large additions, pools, or extensive landscaping.
5. How does the living space truly compare to an average Winnipeg home?
With 1,596 sqft, this home is larger than about 74% of all homes city-wide. It provides substantial interior space, which is a significant advantage, especially when combined with the modern year of build and renovated basement.