Property Overview: 105-4314 Grant Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-positioned, low-maintenance condo unit in the Eric Coy neighbourhood. Built in 1996, the 1,050 sqft property offers a practical living space without the responsibilities of a detached home, as there is no basement, garage, or private land to maintain. Its primary appeal lies in its exceptional competitive standing within its immediate area. The data indicates it ranks in the top 2% of homes on its street, the top 0% within the Eric Coy community, and the top 0% city-wide when considering overall desirability metrics. This suggests a highly sought-after location or building complex.
The unit suits first-time buyers seeking an affordable entry into a strong neighbourhood, or downsizers looking to simplify their lifestyle without compromising on location. Its above-average ranking for age (newer than 78% of Winnipeg homes) points to relatively modern construction, while the modest square footage and lack of extra upkeep make it a financially predictable choice. A thoughtful perspective is that this property represents efficiency over expanse; it’s for a buyer who values a proven, high-demand location more than sheer size or additional amenities like a garage.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in three areas: its street, the wider Eric Coy community, and all of Winnipeg. For example, ranking in the top 0% in the community means its combined score (likely factoring in value, size, and age) surpasses 100% of comparable listings, indicating a very strong position.
2. Is there any outdoor space or parking?
The listing specifies no garage. Details on dedicated parking, a balcony, or shared outdoor amenities are not provided in this data and would require further inquiry with the listing agent or building management.
3. Why is the city-wide assessment rank lower than the community rank?
While the property is a top performer in its specific neighbourhood, the assessed value ($234,000) places it in a more moderate position (top 18%) across all Winnipeg properties. This can highlight that Eric Coy is a desirable area where even a modestly assessed property can be highly competitive locally.
4. What does “no basement” imply for storage?
It means all living and storage space is contained on the main level(s) of the unit. Buyers should consider their storage needs and inquire about in-suite storage options or the availability of a shared storage locker in the building.
5. Who is responsible for exterior maintenance and repairs?
As a condo, the building's exterior, common areas, and major structural elements are typically maintained by the condominium corporation, funded through monthly fees. The owner is responsible for the interior of their unit. Reviewing the condo's reserve fund and bylaws is essential.