Property Summary: 125-4314 Grant Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, 1,050 sqft home built in 1996, offering a practical and comfortable living space. Its standout appeal lies in its exceptional location within the Eric Coy neighborhood. The property ranks in the top tier for its area, surpassing 100% of comparable homes in its immediate community and across all of Winnipeg for its lot size, indicating a premium, spacious setting. While the home itself is a manageable size, it occupies a plot that is larger than most, providing valuable outdoor space and a sense of privacy that is harder to find in newer subdivisions.
The home suits first-time buyers or downsizers looking for a move-in ready property in a mature, established area with a proven sense of space and community. It also appeals to value-focused buyers who prioritize land size—a permanent feature—over a larger interior footprint that can be added or renovated over time. The very high rankings for lot size against city-wide benchmarks suggest this is a key, less-obvious asset that contributes to long-term value and enjoyment.
Frequently Asked Questions
Q: The home's assessed value ranks lower than its size rankings. What does this indicate?
A: This suggests the municipal assessment may reflect a conservative valuation or the interior condition relative to the premium land it sits on. It can represent a potential opportunity, as property value is often driven by location and lot size, which are this home's strongest attributes.
Q: What does "no basement" mean for storage and utilities?
A: The home is likely built on a slab foundation. This means mechanical systems are on the main floor, potentially freeing up living space, and eliminates concerns about basement moisture. However, it requires creative solutions for storage, such as utilizing the garage or adding shed space to the generous lot.
Q: The build year (1996) ranks very well. Is that a positive sign?
A: Yes. A home from this era benefits from modern construction standards and materials while being past the initial "shrink-settle" period of newer builds. It sits in a sweet spot of being established but not aging into major systemic renewal periods.
Q: Who would benefit most from this property's high "lot size" ranking?
A: Buyers who value outdoor living, gardening, pet ownership, or future expansion potential. The data confirms you are getting more land than nearly all other properties, which is a finite commodity and a strong foundation for future value.
Q: Is the lack of a garage a significant drawback?
A: It depends on lifestyle. For some, it's a trade-off for the larger lot, which could accommodate a future garage or workshop. The high community ranking shows that many homes in this desirable area share this characteristic, and on-street parking is likely the norm.